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I have a 4.94 acre tract of land that I think would be a good location for a small apartment project. Not sure how many units I could expect to get on that size lot. Are there any government programs that I might be a...
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I have been trying to figure out how to get rid of my underwater home for a while. I recently became disabled, and moved away from a mortgage I could no longer afford. I have luckily found a renter to help make the ...
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Hi everyone,
We're looking to purchase 2 turnkey properties from Memphis Invest, but the mortgage company that was recommended (not by them, but they work with them regularly) is charging 10.1% to purchase price in c...
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Hi everyone, I've been a member of bigger pockets for years but have never posted on the forums before. I buy single family rentals and duplexes over the last 5 years. I want to get into apartment buildings and I've f...
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I'm curious if anyone has had any success using business credit based on an existing established non-RE business to purchase residential investment property? I'm in the process of talking with several lenders found b...
Don’t you hate being lied to? I hate it when some “guru” claims
“No Cost, Zero Down, No Risk, But wait there’s more, we’ll tell you (on video or zoom) how to do this for only $xx,xxx. “ and the “community” will save...
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Is it possible to sell seller financed notes? If so, who would be the buyer of the note and what are the standard guidelines one looks for? i understand this is something a lot of investors do in the Houston market bu...
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I sold one of my rentals with a mortgage wrap last year. I hold escrow for the buyers. I am certain that I need to provide the owners with an end of year statement showing how much they paid toward the loan amoun...
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Hello,
These are made up figures. I just want to see if I am calculating this correctly. Any advice/opinions are welcome.
Thank you.
Bought for 280,000
20% down payment = $56,000 ( $280,000 x 20% = $56,000 )
lo...
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After just completing my first refinancing deal (32% forced appreciation on a one-year live in flip), I have become aware of the loan signing agent profession. During my signing appointment my agent was shocked with m...