So I went to my bank yesterday and they said that they can qualify me for apartment building loan.My problem is they said that the longest term of such loan would be 10 years/20% down. Now when run my numbers with tha...
Hi There, I am trying to figure out how to leverage my cash to invest and would like to know if anyone can help me see anything I cannot see given my particular situation. I have about 40K to invest in and currently h...
Hi, How do I give an estimate to a seller if I can't get a contractor out within a certain timeframe and I don't have the exact measurements for certain things? Current issues: - potential roof penetration-plumbing do...
In this market I am having trouble finding loans for investment properties that are long enough to make the properties cash flow. Best I have found with limited research is 20 yr fixed or a 25 yr variable that resets...
Anyone have experience in getting rid of rent control?Looking at a 5 family unit in Union City, NJ which is EXEMPT from rent control if the landlord resides there. Since I plan to live there & previous landlord di...
Hey guys, my name is Ethan Thomas. I've had Bigger Pockets account for a little over a year now, and have been watching their videos since I was younger. as I have always been very interested in Real Estate ever sinc...
Hi all,
My husband and I are in a position to offer our first owner financing deal! School me on any experience you've had as far as terms and conditions go to help us structure a deal where our bases are ...
AS Seen in Business Insider
http://www.businessinsider.com/here-comes-the-option-arm-mortgage-explosion-2009-5
Subprime is done. All the teaser rates are over, the interest rates have reset and the writing is on th...
I'm going to preface this by saying I tend to think outside of the box unnecessarily. In this particular case, I have a property I'd like to get a HELOC on to then buy another property. I am wondering however if I sho...
Just got a DSCR rate quote from one of my lenders and it came out at 8.5% with no pre-payment penalty. Seems a little high from what I thought it would be.Anybody get one recently and can tell me if this is a competit...