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Hello, I am learning about real estate and I think my first step into the world of real estate and was thinking about getting a traditional FHA loan and then heard on the podcast about something called a 203k loan. I ...
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Hi, can anyone share their experience with purchasing a vacant facility or land for the purpose of building a facility? We are only in the planning stages, but seems a lot more complicated than just buying regular RE...
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I wish to assume the loan on a rental property I inherited. The trustee says the trust can't be closed because the loan is still under the name of the trust. The bank (wells fargo) is refusing to do this.
A retired a...
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Hello BiggerPockets Community!I am reposting something I sent to the general starting-out community because it is specifically about STR. I figured I would get better responses here:I am deeply appreciative of the wea...
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I just turned 50, I've worked a great W2 for 26 years in tech sales/mgmt and managed to save $3M across 401k ($2M) and Stocks ($1M). I want out of the W2 world but the golden handcuffs (and 3 teenagers) keep me tether...
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Hi All,Newbie finally getting ready to pull the trigger, I have 40k cash to start out with BUT NO CREDIT + no income, meaning unable to get any conventional/bank loan. Need advice on where/how to start my RE journey. ...
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Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...
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I'm still learning how to wholesale and have not yet made any deals. Imagine this scenario, tell me if this has happened to you, and how you responded. You're bringing potential buyers through a seller's house to show...
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Hey Everyone,
I am new on here, but I have seen some good posts so here we go!My name is Brian, I am 28 and I am in the hotel industry.
Long story short - I usually like to purchase economy brand hotel assets around...
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Hi BPers,Looking at a multifamily property (4 units) that needs a considerable amount of repairs (~50k). Does anyone know of a lender that is willing to lend for the repair costs as well as lending for the long term, ...