Charles Clinton
Understanding the differences between equity and debt investing
Every homeowner understands the difference between their mortgage and the equity they have in their home but when it comes to commercial real estate transactions, the difference between equity, preferred equity, mezza...
Jeff Thompson
Self Directed IRAs
Dear Bigger Pockets Friends,I have a self directed IRA from Pensco which was formed when i was a passive investor on a multifamily deal. Since then we sold the property but I have left the money in the IRA and would ...
Drew Gedemer
Inheriting Tenants - What Should I Ask For From Seller?
Hey All!I just got an offer accepted on a duplex. I know that typically people recommend asking the seller to move the tenants out, but with other circumstances, it didn't work out that way on this deal. With the te...
Haider Zaman
Wholesale Contracts.. protecting myself
Hey everyone,I had a question (which will show just exactly how green I am to all this) regarding contracts. If i have a property in contract and I begin looking for buyers.. what happens if I am unable to find one? ...
Parker Lee
Where are you guys finding multi family houmes? (4+ units)
Hi all. I've been scouting out some investment houses on Zillow but have been unable to find many multi family homes in my area. Do you know of any other sites that show some of these places?
Wade Stahle
Should I take advantage of a HELOC
My question is whether or not I should execute a HELOC. Im approved for 18,000. I dont need any of that money right now. Should I go through with it just to have it as a source of backup liquid asset? Pros, cons?
Jon Buist
Structuring a partneship deal for flip
Hi All,I am looking at a potential flip with a partner. He is currently leasing the property (3750 sf approx) on a lease to buy contract with the owner on the proviso he purchases the property within 12 months. Owner ...
Chris Roberts
Do DSCR loans affect DTI
Do DSCR loans affect personal DTI if they are in an LLC?If so, it seems like having a few DSCR loans would make it difficult to qualify for a Heloc on a primary residence or even a car loan, for example. Also, are DSC...
Joshua Lupo
Seller Concessions: Pros our Cons?
HI BP! My fiancé and I have been on the hunt for a multi family properties in or around the Albany, NY market. We have analyzed dozens of properties, submitted several offers and at this point have not yet had one acc...
Robert Ferrell
What is the dif between a mortgage and a cash out refi?
Hey everyone,So my question is, what is the difference between a cash out refi and a traditional mortgage. Now, I know that a refi is when you pull cash from a property you already own and have equity in, and that a m...