I'm in the process of refinancing a hard money loan. I bought a nice property, fixed it up and it is now rented on a 12 month lease. So far so good.
the original appraisal was for 90K, and I borrowed 50K. The...
I'm starting to feel like a jumped the gun a bit on signing the purchase contract. I just found our recently that the house is in a high risk flood zone and just took a large chunk of my returns. FYI the owner/agent f...
Hello Bigger Pockets,I am a Private Money Lender. I only lend to real estate investors. I only lend to business entities (i.e. LLCs and Incorporated). I do not lend to individuals. I also only lend on non-owner oc...
We recently had a guest ask for late checkout, we told them no because of our cleaner’s schedule, but they still stayed for an extra hour. Unrelated, they also used soap in our hot tub requiring extensive cleaning. I ...
I am a licensed agent in the Phoenix AZ area. I am looking at acquiring some investment property for myself. They would be cash deals, no agency and no commissions on either side. I know I am required to disclose to t...
I am just starting out in real estate investing. I have purchased 4 properties this year. I am having trouble buying any more because the banks don't want to lend to someone who has 4 outstanding loans. I paid cash...
Hey BP,My wife and I are self-employed and have a nice savings but because of our taxes (we expense A LOT of things) we're having trouble with conventional loans so we started looking at Private Money Lenders. We're l...
Out of general curiosity, what form of financing have you used in the past for single-fam STRs? what has worked best for your investments? Also, what areas/zipcodes of the Phoenix metro has been most profitable for yo...
I've seen comments of others allowing pets and the extra income it provides. If you allow pets what limitations are you applying and deposit/fees?
Thanks
I am a newbie. I got a lead on a realtor who specializes in selling foreclosed properties who I have not called yet. Then I got the name of a realtor, from a local REI, who they use and who has her own rentals. I fina...