Hi,I bought a home on a commercial renovation loan structured as follows. Before construction, the home was appraised for $80,000, and after-complete the appraisal value is $120,000. The lender was supposed to disburs...
Good evening. I’m trying to teach myself QuickBooks online even though I have a CPA. I want to learn and understand my own books just like someone understanding their own car. So those that have been in the business, ...
Hi Biggerpockets,
“What remedies to expect/use on wholesalers that keep the ‘good faith escrow’ and don’t return it?”
“What are some of the punishments dealt to the wholesaler e.g.
were they imprisoned or fined,
...
Thank you all for the wonderful information in this forum!
Question: How do you appropriately price performing 2nds? Let's assume a nonjudicial state with seasoned pay history.
Do you price based on a certain IRR,...
Seems Im on a roll here but this is an important one. Say I got an agreement to be paid a commission for a lease over a period of years. The agreement is that the commission will be paid as long as the tenant is there...
Hello AllI am considering utilizing the equity in my properties that will create enough income to cover the expense of the heloc and make a decent amount of money. For example my home has $200k available to pull on a...
Hi BP community. I am working on putting together a proposal package for my potential private money investors. I am looking for advice or mentor that could assist me to ensure I provide all the neccessary content to b...
Myself and my wife just entered escrow on a triplex in a small coastal California town named Cayucos, in which we live. We are both real estate rookies, aiming to expand our long-term rental portfolio.
We currently...
Hey all, I've been poking around this site awhile now and it's causing me to take a long hard look at my current strategy. I own a townhouse in southern Maryland (Great Mills), that I paid $140,300 for back in 2010. ...
When will a lender accept a short sale if note is NOT in default? Otherwise, the seller can do a personal note on the difference? Appraised value is 283,000. Owed is 219,000. Offer will be around 190,000.