Troy H.
Qualifing for an FHA loan in Raleigh, NC
Hello BP,I recently upgraded to BiggerPockets Pro and I'm ready to get off the sidelines. I'm ready to pursue my first rental property in the form of a multi-family house hack. I've done my research on FHA loans and I...
D Higgs
hard money loans question
Hi. So as title indicates.. silly question re: hard money loans. Looking to purchase a fix/flip property using hard money lending. From research i've done so far looks like in most cases 100% of the deal wont be funde...
Eric Dame
Triplex Investment Property Financing
I have a triplex under contract and have received the following finance option from my local bank. I have a longtime relationship with them and my credit is excellent. I’m going to pay cash initially because the tripl...
Walchli Donna
How to report income on hard money bridge loan repaid to me?
Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?
Jeremy Lerner
New Member from Colorado
Hello Bigger Pockets Community,My name is Jeremy and I live in Colorado a currently booming housing market. Is this sustainable did i miss the boat on investment opportunities? I am not sure, but I am interested in bu...
Brendan M Loftus
Potential Section 8 Fraud: Seeking Resolution
Hi All,
I purchased a house in Atlanta back in early 2021 and I took on the current tenant who was with the section 8 program. The seller informed me the monthly rent was $1,550 including the tenant and city payments...
Karen Margrave
LOAN BROKERS - CAN WE PICK YOUR BRAINS? Hard $, Pvt. $, Direct Lenders, etc.
LOAN PROS, often I see on BP questions on Private money, hard money, direct money lenders, etc. Though I'm knowlegable on hard money loans, I know there are many out there that are curious and would appreciate picking...
Jessica Semrad
🤔HELOC or Cashout REFI for down payment🤔
My husband and I have 2 rental single family properties as we just started our real estate journey. We bought the 2nd property April 2021. We just found a great deal on a duplex but are about $10k short of what we nee...
Ashton Davis
Private money lender
We are in the begging stages of planning my REI future and for my first deal. I have a committed private investor, but as neither of us has done anything like this before there are so many questions we want answered s...
Ryan Cameron
Using alternate sources of Funding for deals
I was just kicking around this idea since watching a video last night.
Using lending sites such as lendingclub to finance my next deal.
Pros:
-easy application process (takes about 2min online)
...