Hey BP! I just joined the site about a week ago after ratifying a contract on my first home and have been consuming as much information on the site as possible ever since! I've been seriously looking to buy my first i...

Hi all, I am looking to go under contract for a property that has 2 units and needs some work to bring it up to speed with what the current market in the area offers.  However, in the unit that needs the most work, th...

Hello everyone!! I have been doing a lot of research lately of rental properties and mortgaging. I have read and watched videos on the concept of hard money lending. Can someone break down the idea of hard money lendi...

Hello,I'm new to biggerpockets but I have read many articles from biggerpockets and other similar forums. I am not experienced in real estate, but I have some experience in building through family members that are in ...

I’m in a dilemma. My wholesaler accepts hard money. But my hard money lender requires a detailed repair scope of work to be filled out before being approved for the loan. This would require me to have my contractor do...

I've read on here a bit, but I would like to know what is a standard rate for a newbie getting a HML. From looking on the internet I see tons of advertisements saying 8-12%, 2 to 5 points, 6 months to 7 years. Bu...

In Los AngelesListing price $690k. I have offered $645k. It currently has 2 2bed/1ba and 2 5bed/2ba. The property was non comforming 6 units and the seller just converted and remodelled it to 4 units.  I may convert i...

Hello all,I need advice on a bad housing situation I am in.  In June 2023, a property in Pleasant Hill, CA area came on market for sale at $468K and seller had offered for the buyer to assume his loan (at interest rat...

So this is basically my second post on BP. I've started to listen to podcasts and have been trolling here for a bit, learning tons!But, I still don't have a good grasp on how to find good MFH properties in the Miami/ ...

Ive been under the impression for awhile now that you can get a 30 year mortgage for a small multi unit, in this case a duplex, even if you aren't living in one of the units. I went to look at a property today and my ...