David Rogers
Time For a New 203k Lender?
Hello Biggerpockets,I'm in the process of closing on a duplex in Cleveland and am starting to think I picked the wrong lender. I have been asking for details on money down, closing costs, interest rate, etc. and have ...
Benjamin Pifer
Will I have instant equity to tap into?
I'm looking to buy a single family home to rent. It's tax assessed at $52000 but is for sale for $38000. Say I buy it for $38K with a 20% down payment ($7600) leaving a $30400 loan. If a bank will give an equity loan ...
Austin Kuhnle
Creative Financing (Seller Finance)
Hey BP, I recently offered a purchase price to a homeowner. They seem really interested on going through the seller finance deal with me. One of her questions that I wasn't able to answer, and figured ask on BP first ...
Matthew Sutton
Finding Pre Foreclosures early
Anyone have any tips on how to find folks one or two months behind on their mortgage? Zillow seems to only show them when it's too late. I'd love to go door knocking knowing they were behind a little.
Hilary Braun
HELOC Payment Explanation
Hello everyone!I'm beginning to scale my rental portfolio and using funds from a HELOC to cover cash to close on my properties. I was using HELOC payment calculators online to gauge the cost of the cash to close per p...
Tracy Z. Rewey
12 Days Of Note Investing-Day #10 Bagels and Business Notes
Traditional bank financing can be difficult to obtain when the sale of a business does not include real estate. The Bagel Shop and Deli note highlights how owner financing can be an effective solution.The owners ha...
Mohamad Suleiman
30k on hand, how do I start?
So I have been saving for some time and I feel like I am finally ready to take the plunge and invest in real estate.My goal is to purchase a property (probably a SFH) and rent it out long term. I want to grow my portf...
John Heasley
Should I take a pay cut now to potentially earn more later?
Hello BP! Full disclaimer--I'm borrowing a friend's account as I'm discussing a job switch, and I don't want this information floating around the internet with my real name on it in the event that someone from my curr...
Corey Zant
Lubbock Handyman/ Contractor
Looking for a handyman that can do few repairs on a house we just purchased. I generally have done most repairs personally on reno's, but looking to start a relationship with a handyman or contractor to work on this h...
James Sloan
Contractor Provided Financing
I was wondering, can/do contractors sometimes provide customer financing for some final portion of a project, if it goes over-budget. For instance, if a customer pays reliably the first 40 K of a project's costs, are ...