I am hearing that others are getting 100% financing on new purchases, sometimes based on appraisal, not purchase price. Locally, I've called every bank in a 50 mile radius, and everyone has the same answer... 60-80% ...
Questions for you BPers:Found this off market deal we'd really like to pursue in Pittsburgh PA. It is a portfolio of 10 properties all which are occupied and are cash flowing but the purchase price is at $630k. Natura...
So I'm buying my first rental property (actually closing this afternoon, :)!! ) and my lender tells me last week that the underwriter has approved the loan, however, because of the loan amount and it being an investme...
While this is something i am interested in i wanted to know how do you tactfully wholesale and is it best to tell the seller your intentions from the beginning. seems like its kind of misleading at times. Have you guy...
what are your guys thoughts on the the 2 banks shutting down, and weather they will affect the real estate market?
I am seeing an increasing and alarming trend on our site, yes it's our community! People have become down right rude and nasty. I may not agree with you, but I am NOT going to personally insult you for having an opt...
Hey BP community!I am brand new to BP, and brand new to RE investing. I am a financial advisor by trade, so I have a decent amount of real estate knowledge, due to the nature of my career. But I am new to RE investing...
Hi all,I recently joined Bigger Pockets and am so excited by all its resources and the opportunity to connect with others who are interested in and working in real estate. I've read several posts in the Bigger Pockets...
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...
I'm an experienced GC and am looking to transition my company more towards creating our own projects...planning ahead as I feel the construction industry will tighten a bit based on how expensive money is becoming. Fi...