I've recently started looking into buying properties wholesale, since the numbers don't make sense for most of the MLS properties in my area. However, the realtor I've been working with had me sign a "Residential Buy...
Hello. BP,We’re scraping the bottom of the barrel to get this project to the finish line but are coming up short and I’m worried about what will happen when I apply for a cash-out loan. Let me give the scenario and I’...
Hello all,
I am a police officer in Miami Florida and I grow weary. I am considering taking an early retirement ( 16 years of service) and rolling over my retirement into a self directed IRA to invest in RE. ...
Say I buy an apartment building today with a 5 year note that amortizes over 30 years. I'm cash flow positive -- lets just say interest rate of 4% and a 7% cap on the building.
My real question is this - What if rate...
Hey Biggerpockets,
I'm currently targeting FSBO properties seeking owners interested in financing their own properties. Based on the majority of my feedback asking sellers is he/she is in...
I understand that you need a demolition permit to demo a house, but once you have that, are you allowed to demo a house on your own with whatever hired help you deem fit, or are you forced to hire a contractor to ...
I see lots of ads for Cogo Capital for private lending. Has anyone had any experience with this company?
I read Aftershock, the latest edition, by the brothers Wiedemer. It was fairly dark, much about our economy being a multi-bubble economy, the weakness in housing for various reasons (including the 50% or so cash tr...
I just recently renter my apartment to a lady (25) and fiancee (21) less than 2 weeks ago. In her signed rental application form she stated she didn't own a pet. on the rental application form states that your lease c...
Good morning/afternoon BP:
I think I'm about to fire my property manager. Please talk me off the ledge.
I hired a PM a couple of years ago on a referral from a co-worker. I was an out-of-state landlor...