I have a credit issue which I am working on but will take some time. In the meantime I have access to a 150k line of credit that is interest only for 1 year. My question is can I buy a house cash with the Line of cred...

Hi Bigger Pockets I have a friend in Wilmington NC, Who has fell in love with a scheduled foreclosure auction home.  We understand the risks and the process of buying from the trustee auction. For her, paying cash is ...

I've heard differing opinions on this.

What happens when the property doesn't pull enough at auction? Do banks put deficency judgments on all the borrowers who's properties fail to bring in enough at auction? If it's...

Quick poll - How many people have borrowed against their 401k for Real Estate Investing and do you think it's a good idea or no? Personally, I act like I can't touch my 401k to stay diversified, but I have friends who...

Hey, I am a wholesaler / rehabber. I am from Columbus Ohio, but I am involved in deals all over the country

I know it sounds goofy, but I have tons of buyers from all over the co...

Hello BP,If I have a non performing 1st lien note, may I contact the borrower to negotiate a payment plan or workout plan without having a mortgage broker license? Would I be able to change the terms of the original c...

What are the biggest challenges you face as a private money borrower? What strategies have you found effective for overcoming these obstacles? Let's share our experiences and learn from each other's successes and chal...

I have a 25k stake and in a property(6 paradise cove Tiburon California). I also have been diagnosed with ms which is preventimg me from working. Would anyone out there be willing to make a 6k loan against my 25k posi...

Hey everyone, if anyone has any questions or wants to know the best practices for borrowing/lending out money, let's chat below!  I am an experienced lender and borrower in Phoenix, so I would love to share my experie...

Does anyone have a good template to display my real estate portfolio to lenders for loan applications? I'm not sure what to bring, most likely printouts of the deals I've done. Does anyone know any good software for...