Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
I'm new to bigger pockets and would like advice on what steps I should take next. I am a new engineer making 76k/yr start. My wife is a psych tech making 45k/yr. Credit score 800.We started out with our first purchase...
I was talking about Real Estate Investing with some people at Home Show event, and as I was talking about getting rents up to market rates. A lady in the conversation asked me if I felt guilty about that (raising rent...
I am an investor who listed a house on sale with a realtor. We received several offers and I selected a loan offer. The contract had a special stipulation indicating that buyer is willing to pay $5k over appraisal if ...
Anyone used/heard of this HML??? Just found them.
Check 'em out: http://www.dohardmoney.com
They will go 100% LTP (loan to purchase), provide POF, backend their orig. fee and loan payments, etc.
They sound like a s...
ABC Capital review and the problem with Turnkey companiesI've done a detailed write up of my first turnkey experience in Texas with Texas Turnkey Property (link). I've seen a lot of threads asking for people to share ...
Hi all!My name is Serena Tillman and I’m new to Bigger Pockets. During this pandemic and social distancing, my hope is to truly grasp REI as much as possible to start the process of purchasing my first property at the...
Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
I guess my situation is a little unusual - I have a potential tenant who has filled out applications but did not disclose they have an emotional support dog until we mentioned there will be a pet deposit since there w...
Who is buying these multi family properties with 5/6/7 % returns?? Are people buying for appreciation? What happened to 10% and over.