Odille Remmert
Question About Using Cash or Hard Money Loans...?
Hi :) We're just getting started in Peoria, Illinois.Really enjoying the podcasts, and making excellent use of the Bigger Pockets Calculators (and loving it! :) ).
We have a question about finance that we'd love som...
Ryan Halford
How to use LLC money from personal account for conventional loan?
Hello all, The following situation is concerning proper accounting and tax code.My understanding is that I can lend via promissory note to my LLC at a reasonable rate (I plan on applying the 10% rate that is charged b...
Erik Browning
Cash Out Refi's are now cheaper than HELOCs
HELOCs are no longer a favored option for this market.Before I give an example, it's a good idea to explain how HELOCs are calculated - because there are a lot of people on BP that do not know.HELOCs are adjustable, w...
David Vincent
Hard Money
I need help. I have a deal under agreement for 140,000, renovations is 53,000 and the ARV is between 280k to 305k. Can someone help me understand what this lender is offering? What 11% mean?$170,000 loan amount$125,00...
Justin Caputo
Seller financing question, Help!
Hello BP Fam!So I have been looking to get my first deal under contract for sometime now and I finally found my opportunity!I got a small 2bd/1bth house offered to me that needs some reno. He's willing to let it go to...
Brianne H.
Worth it to go after contractor?
To make a long story short, last year (fall 2018) we had hired a contractor to build a garage, and materials that were paid for and "ordered" never showed up. This was my first serious bad experience with a contractor...
Mario N Dove
Lease options with a VA loan
Good morning BP. I am strongly considering working with a potential client who has a retail property they need to sell fast due to a change of location because of their job. The client would like to purchase another p...
Jeffrey Barrows
Would like some advice
OK so first off I am brand new to real-estate. I am 50 yrs old, my home is paid off and I plan on retirement from my government job in 7-9 years. I have 45k in my bank savings and I want to buy 2 duplexes that would g...
George Knetzger
Interest buy down and how to use in a deal.
Hello folks. My question has to do with interest buydown. Is there a minimum interest rate? I know other factors such as location, dp, prequel are used. For example. 8.125 % do wn to say 5%. Doable and how much? ...
Janikka K. White
Open lawsuit where property is located or where the Owner lives?
I have a investment property is Tulsa, OK. But I live in Dallas, TX. The home was renovated. The home was just rented out 2 weeks ago. The tenants 1st 2 weeks in home, almost everything that could break or stop workin...