Hi All,I just got some great advice by a fellow Bigger Pockets and RE leader. Why divest out of good cashflow property- owned outright when I can create a win-win with another investor? I got it!  So now it is just a ...

Hello everyone, I am in desperate need of assistance. We are buying our first house. We've been waiting 6 months to buy our dream home. The seller's bank wants us to put a deed restriction so we cannot resale for 90 d...

OK, so please forgive this question if it's elementary but I am a newb.

I have my first deal that I am working and I got it by giving my elevator speech :cool:

I have an option contract on the property and I have a...

Hi everyone,Can anyone explain how commercial loans work. Is there such thing as an owner occupied commercial real estate loan? What steps do I have to take to get approved for a loan?I am very interested in a commerc...

The house next door sold recently and I met the new neighbor yesterday evening. Our discussions lead to where we work (at my day job). He is a comercial lending officer for a bank that I see mentioned frequently on BP...

I need some help understanding how construction loans work when using land as a downpayment. We have several acres that we bought for $100k and still owe 50k on. The land value is, conservatively, $120k. There has not...

Alright - complete newbie question here.

Is it good practice to get pre-approved for a mortgage? And should I go to multiple banks to see what the best rate I get? Also is it worth trying an online bank?

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Hello everyone.
Let us assume we have found a SFH or even a Multi-Family. Ran our numbers, did our due diligence, and made an offer that has been accepted;

1) I have an LLC, but when researching banks, they will not...

I suffered a kick to the stomach today. I work in the healthcare field, I make good income, receive a W-2 but I only work in 3 month throughout the year for multiple employers. My plan was to purchase my very first pr...

Good afternoon BP! I have a question for you all.  I'm still learning, so forgive my ignorance. I've heard the term "love money" and understand it to be money given or loaned from family.  After speaking with a bank, ...