Marty N.
Need Advice on House Transfer
Hello, everyone. I have dabbled a little in the past in real estate, so not a complete newbie. Still would like some advice from seasoned investors, as I look to ramp up my activity in REI in 2015.My mother, who i...
Julia Vang Hart
Self-directed IRAs. Who's used it & was it what you expected?
I'm looking to move my husband's IRA to a self-directed IRA and use the money to purchase and rehab houses. I've researched a couple. (Don't know if I can name names here) I'm leary of the fees and level of support yo...
Mitchlyn D.
Would you do this Owner Financing Deal?
Details: Property type: Two duplexes side by side Owner Financing Purchase price: $220,000($110k each) Downpayment: $15,000 Loan amount: $205,000 Interest: 6% Loan Term: 15 year Monthly Principal a...
Phil T.
Where do you keep your reserves?
I'm working on buying my first buy and hold and am trying to figure out the best way to work bank the accounts. I plan on creating a checking and a linked savings account specifically for RE. I was figuring I'd have...
Caleb Waller
In the middle of my first BRRRR strategy and need advice!
Hi Bigger Pockets!Please help an aspiring real estate investor analyze my current situation and options.Here is the scoop:My wife and I purchased a bank reo town home in 2015 for $255K with a 5% down conventional mort...
Shea Spinelli
Owner Financing Question (help)
What is typical terms on owner financing a larger offering? I have a couple willing to owner finance 300k for a 12+ unit property on a low to middle income property they've held for 20 years. In negotiations, I want...
Ignacio Linares
BRRRR refinancing question
Hello BP! I need some clarification. So let's say I get prequalified from a bank for 100k for example. So I buy a property and use the BRRRR strategy,I'm all in for 80k and the ARV comes out to 130k. When it comes to ...
Colby Burt
Hard Money Lender Prohibits 2nd Mortgage Position
Hi!A friend is doing a BRRR to STR. Most of his money is coming from a hard money loan. The remaining amount is coming from myself, as a private loan. Her plan is to do a cash out refi and pay back the hard money loan...
Alex Breshears
Different Loan Term Possibilities in Private Lending
As someone who knows a lot of private lenders, I routinely get to see what the discussions are about and how things may be changing as markets move or regulation changes occur. Recently, I've seen more of a move to th...
Andrew Mykletun
Saint George, Utah - Market appreciation and tenant population
Fellow BP members,I am trying to get a sense of the future appreciation possibilities in Saint George, Utah for single family homes and also to get a sense of how solid the renter/tenant population is in this area. I...