Menalik Archer
Should I file a notice of interest aka memorandum of interest?
I invested over $90k in two rehab projects with a partner. I'm acting as the silent cash investor but with my rehab experience I've put in my two cents and called some of my contacts to work on the house. The first ho...
Simcha Davidman
Osage Beach, Missouri Commercial Lender
Greetings!I'm looking at a small medical office property (~$500k pp) in Osage Beach, MO and and seeking a small local bank that uses the treasury as a benchmark, or really anything but WSJ prime. If you know of a good...
Anand Uppor
Rental to Primary
can i rent my primary house as rental property for 3 years and come back and stay as primary after 3 years ( this is basically to avoid the tax) . is it still considered as primary residence or is it considered as ren...
Jim Jack
How to determine equity in a home
How do you find out exactly how much equity is in a home to decide how much to purchase, the seller might tell you a number but how do you get the exact number owed on his loan that is remaining ?
Varika Pinnam
How do you calculate how much principal you've paid off and home equity you have?
Listening to one of Brandon Turner's books and he mentions this (https://www.biggerpockets.com/blog/plan-to-make-a-million)My question is how do you calculate your loan paydown for the principal and how much equity yo...
Sheldon Alex
What's the benefits of Short Sales?
Hi Everyone, I'm new to real estate, and still looking for my first deal. Originally I was thinking about doing short sales, but after hearing about the process, I thought about just sticking to fixer uppers starting ...
Tom Mendez
Total Owed on Pre-Foreclosure
Have a home in arrears $84,000. A total Principal Balance of $378,000. Just want to make sure that I am adding these together to come up to amount currently owed. ?
Rowan Woodburn
Possible Rental Propery
Hello Bigger Pockets, My Grandmother house is going into foreclosure because she is 88 years old and can no longer manage this property. she refinanced in 2006 for 100k and now owes 80k for the property in which she ...
Larry Perez
Refinance and HELOC combo
Hi all,I currently have 2 investment properties, a house and condo. House: I purchase the house for 145K 4years ago with little down on a 30yr @ 4.25% Note FHA. After moving away for a job transfer I started renting t...
Nicholas Arcidiacono
Seller Financing 101
Hey BP Community,Looking for details surrounding Seller Financing.... I'm still a bit confused on how it all works, especially if the seller has no mortgage on the property. What's involved, deposits, contracts, attor...