Steve Bob
First time home buyer!
Hello everyone! I just had a few questions. I'm a newbie. Is it best to invest out of state for your first deal or is that too risky? My friend an I have some cash stored away an we are looking to invest but our area ...
Tony C.
Commercial lending on "distressed" assets
Hi BP - there may be an obvious answer to this question: do big banks usually lend on commercial assets that are vacant upon purchase? If I plan to purchase the property as is, demo all the structures on the land, and...
Jean Paul Valley
if I own the land, and work directly with builder, why is RE agent involved?
My situation is this: I own a piece of property in a subdivision that will not allow me to use my own builder. I must chose from a list of 8 approved builders. I found the one I like but was told that they will use a ...
Mark Mynhier
Suing a Contractor
This is a bit complicated (or maybe I am making it that way), but here goes.I hired a contractor, after vetting her and seeing her work. We signed a contract with a few specifics in it that are applicable. First, that...
Jordy Lewis
Auctions..how to get around cash only
Husband and I plan to attend an auction soon and have listened and read that you can get around the cash only....but it isnt very black and white how?! Any ideas or suggestions? We have plenty of liquid cash but if we...
Leana Ruggles
Looking for help with my first REI
Hello, I am new to Bigger Pockets and seeking guidance with my first real estate investment. I think now would be a good time for me to invest because I don't have any debt at the moment, a decent amount of money save...
Kyle J.
California extending eviction moratoriums through end of July
For those landlords in California, Governor Newsom signed another executive order authorizing local governments to extend current eviction moratoriums two more months, through July 28th. (His previous executive order...
Jaryn Pierson
Seller Bait and Switch - Need BP's Help !
Try and keep this as short as possible. First, a little background. Basically, we're under contract on a house that needs a septic system. House was on the market 'as is' for 60 days. Listing was updated to state 'per...
S Cutsail
States Required to hold NMLS to originate REI Loan
I have not yet been able to get a definitive answer as to what states require a Commercial Broker to carry a broker license to get funding private or hard money for non owner occupied real estate investment properties...
Jay Hinrichs
Code of ethics for hard money and private lenders
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...