I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
This question is for private lenders/HML. If a buyer uses your POF to enter a contract and you then decide you are not going through with the deal...how does the borrower know that. With a typical bank you would get a...
Saw this news today and decided to share it on here. The story is still developing but I think those who seek to do wraps, especially folks in the state of Texas, since that is where this is, should pay attention to ...
I want to make sure when I'm buying rental properties, that they can remain profitable in any market. I ignore the possibility of the value of the property increasing, I only am going to make decisions based on payin...
Do you hesitate to answer when someone asks you what you do for a living? Do you hang your head when the naysayers label your industry as a bunch of vultures preying on the innocent, trying to steal houses from littl...
Here's the question - why are some sellers/buyers disturbed by the fact that the other party in the deal is an investor and will end up making a profit?
Last year I had a potential buyer coming to see a property and...
Bigger Pockets Community,
Before the COVID-19 crisis, my investing partner and I were analyzing deals for neighborhood strip centers in our home region. What a difference a month (or three) makes. Over the past sev...
I'd love to hear from folks about what they think of Airbnb and it's use for STRs. As an avid user of Airbnb over the years, when it started, it was viewed as this amazing alternative to hotels that offered a very com...
I'm currently just starting out wholesaling and rehabbing. I have decided that if I'm ever going to do any buy and holds, they will be hotels. Am I correct in assuming the I should still use the BRRRR strategy? And bu...