Phil Fowler
Seller Financing- rookie trying to understand the numbers
Hi Guys,Phil Fowler here. I'm new to the Bigger Pockets community and have been listening to the podcast for about 3 weeks now. I love the knowledge but after listening to Brandon speak of his deal with on the $1 mill...
Nathan Frost
Explain Release Price to me
How does release price work? I have a portfolio loan and am paying it down but need to sell a few properties.What if the home sells less than the release price but I have paid a lot of equity into the portfolio loan?
Tess L.
Keeping Purchase Documents organised
Hi All,
I'm trying to set up a system for my computer filing, and uploads into Podio. I'm planning to number property purchase documents for consistency, so I can easily find them later, or notice what is missing. T...
Brian Hughes
Seattle 'First in Time' rental ordinance found unconstitutional
In case anybody hasn't seen this yet:https://www.seattletimes.com/seattle-news/politics...King county superior court found seattle's 'first in time' rental ordinance unconstitutional. This ordinance is/was the first...
Srinivas Konda
New to BiggerPockets
I am excited to join BiggerPockets, I am a real estate investor and I am already enjoying the cash flow, equity, Tax benefits, appreciation etc., I keep my full time job and family life and make some extra money. My i...
Adah N.
Using Credit Cards for Finance BRRRR
Hi Everyone, I am new to BRRRR and have yet to make my first purchase. I have a couple questions...Question 1 - who here uses credit cards to finance renovations on their properties?Why on earth would you want to use ...
Alex Hamilton
Seeking Advice on Sales Subject to Existing Mortgage in Louisiana
I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a...
Brian Christensen
Contract section question...
I have a question about a section in my purchase and sales agreetment I plan on using.
It reads the following...
EXISTING MORTGAGE (s): Existing financing on subject property will be current in all payments of princ...
Juan Chavez
Can a homeowner in foreclosure quit claim deed property for money
Can a homeowner in foreclosure accept money and quit claim deed their property? And then can that new homeowner try to do a short sale with the bank and be the buyer and essentially the seller?
Charlotte Dunford
SEC Regulation - 20% rule?
Hi all. Question: When you raise money from your LP's, do you have to limit each LP's to a maximum contribution of 20% of the total capital needed to close the deal? I heard that this is a SEC related regulation. Is t...