Dawn Anastasi
I paid off a house in just 3 years!
I actually have 2 things to celebrate today:1. This is my 5,000 post to Bigger Pockets!!!2. The last payment was made on a property I bought in 2012 using peer to peer lending on a 3 year loan!What better way to celeb...
Greg G.
Can I factor an Apartment Complex?
I have a seller of a 50 unit apt complex offering seller financing with a down payment large enough to pay-off his existing note. The downpayment would equate to about 12.5% of the purchase price.
My question: Is th...
Vicki Gleitz
My 180 day challenge.
I already created a thread titled "Disabled Son." I did not get much positive feedback,though I am sure that the respondents were all sincere and good people.
To recap [though might help to read original th...
William Kelly
Need help figuring out my finances.
I sat down with a REA and explained to him that I want to do a fix and flip. I explained this will be my first deal and how I've been studying Real Estate for some months now. I called USAA to get a loan but he explai...
James G.
How Do I Know If This Hardmoney Lender is Scamming Me?
Hi BP,I am about to purchase a property in two weeks through a so- called national hard money lender called "Lonestar Hardmoney" ... Their website is lonestarhardmoney.com. I became skeptical when they would only use ...
Jean G.
Is it considered a security if I offer my private lenders a bonus
Hello,I buy and hold properties, and I am trying to find a deal structure by which private money lenders would be interested in providing me long term funds at reasonable rates, as opposed to typical hard money (high ...
Mike G.
Subordinating a loan
Will, I have a followup question to your suggestion. It's a bit off-topic now because the OP indicated he didn't use cash, but I'm thinking others might be interested in your answer, too.
Let's say the house was pur...
Lee Krasulja
Need help on converting Primary to Rental
Hey guys,
I'm trying to compile a list of things I need to consider/review with my accountant, financial planner and attorney. My wife and I have outgrown our home and feel that the time has come to find a bigger ho...
Dewey Paxon
Advice on a hard decision (should I sell my STR in the Dominican Republic)
I recently built a large STR in the Dominican Republic. I have a few partners, but went over budget and personally funded the remaining construction costs. The STR has been successful, but I do not see me getting th...
Ethan M.
Best way to pull money out of a property after paying cash?
Would love any input on the best way to pull cash out of a property after paying cash. We like the ability to move quickly by paying cash but are concerned about having our money tied up.