Shefali R.
Choose: Larger Loan at Higher Rate or Smaller Loan at Lower Rate
Hi - Financing experts, need help choosing between two loan options on the table. 1. Bank A is offering $400k for Prime + 1% (small local bank) 2. Bank B is offering $435k for Prime +1.75% (large national bank)All oth...
Ram Wagle
Considering first property
Hey fellow bp geniuses,I am planning to put an offer for my first property here in st louis. I have narrowed down the 3 properties and want your opinion on which one wud be a better first property buy:1. Property A: L...
Brandon Seyferth
Is This a Good Analysis? Advice Appreciated.
Hello there. I'm a newbie investor, hoping the great community here can provide a bit of feedback on my analysis of a two flat in Chicago 60659 (see image). The units are already rented. I plan to leverage a heloc on ...
Edwin Brown
First Potential Deal
Long time single family investor looking at my first commercial deal. Tell me your opinions.
110 unit complex taken back by local bank. The area is "B" class. Bank is willing to take back purchase price as financing ...
Patrick Forelli
Creative finance, subject to
Hello BP community,I'm looking to place an offer on a home, and I think "subject to" could be a useful strategy. The housing price is listed at 300 k.The house was originally bought with a VA loan a year and a half ag...
Kenneth Hynes
Possible emerging opportunities in Multi- family space
With the stay at home work orders , plus the rise of co-working spaces in recent years, thought I would ask what people thought about offering co-working spaces in large Multi unit buildings as an additional amenity. ...
Robert Lindsley
Multi-family in Norwich, CT. Is this a good deal?
Hi there,I'm getting ready to make an offer on a 7-unit building in Norwich, CT. Before I made the offer I wanted to reach out and ask for thoughts from the community. Is this a good deal?The building is mixed-use; ...
Eugene Onishkevich
BRRRR in affluent town of Randolph, NJ
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $230,000
Cash invested: $200,000
Hello Bigger Pockets community!
I'm excited to share with you my recent BRRRR (Bu...
Ken Nyczaj
Splitting a SFH into two dwellings in Maryland
Hello everyone,
One of the houses I’ve had my eye on lately has the potential to be split into two separate dwellings. Currently, the house is a 4 bed 1.5 bath. And the back master bedroom was an addition built on at...
Account Closed
Helpful Article on Seller Financing Requirements 2014
Here's an article that sums up the limits and requirements for those of us still willing to offer seller financing to owner occupant buyers. Note that it is possible to do at least one deal a year with no MLO requi...