Leigh Morgan
First transaction fell apart.
I’ve had my license for about a year but delayed starting due to covid. I got my first buyer last month...we looked at three houses...he put an offer on one and we got it. There were 8 other offers and we got it due t...
Jarrod Miracle
Purchasing non performing Note advice
Does anyone have any recommendations on how to go about purchasing a non-performing Note from a lender utilizing financing in some way? We don't have quite enough cash to buy the Note outright but it's a good deal and...
Mitchell Messner
Decision Paralysis on my Equity. Best Next Move?
The problem of choice. I own one 4 unit property that I’d like to keep and use to help propel me into my next rental property. My issue: I have too many ideas running around in my head and I’m not sure what is my next...
Travis Lewing
Bookkeeping with excel
Hello Bigger Pockets!
I just closed on my first rental property and need to begin tracking expenses. I only have the one duplex at the moment so it should be fairly simple at this point. Any tips on an easy to us...
Marvin Lyons
Notes
Hello everyone & my question is it hard to buy house notes? And how do you go by purchasing them
Andrew Savage
Best way of paying for a Down Payment & Closing Costs?
Hi all,Wondering if anyone has any advice for the best way of paying for a down payment for an out of state investment (not owner occupied).I'm in contingency for a $200k property that I'll be putting 25% down on so I...
Jun Zao
Rental property in west of chicago
So I am looking at a 7-unit building in North Lawndale of Chicago.Asking price is 400KNOI is 54K. It already includes property management fees.So if I put down 25% and assuming closing cost is 5%, I would have investe...
Matt Inouye
Renegotiated Owner Financed Note
Hi BP Community,I was hoping to get insight into the process of renegotiating and recording a modified note that an owner had carried for one of my properties.The old note was for 4.5% for 5 years and the new note is ...
Yocheved Beer
Is there an response to this concern on a subject to purchase
Hi all,
I made an offer on a house subject to and it got rejected because the seller is nervous that if i dont pay then they will get foreclosed on.
Is there something called a performance deed that would deed the p...
Allison T.
Note fund return vs interest rate
Hi I am looking to invest in note fund, but have a general question on how interest rate might impact the future return of a similar note fund. Assuming the current note fund I am looking to invest has x% return and h...