Paul Sterman
Does BRRRR work if use bank loan to acquire the property?
Hi,It seems that most people use "hard money lenders" or "cash" to acquire BRRRR properties.Is there a problem with using a traditional interest-only mortgage? The mortgage calculator I have uses regular mortgage by d...
N/A N/A
Is this a cult?
Seriously, since joining this community and reading these forums for the last 2-3 days, I don't believe I've seen a group of more enthusiastic, motivational, inspirational group of people in my life!! The only thing ...
Jonathan Farber
Rate difference on 4 unit vs 5 unit
If you were looking to purchase a small multifamily under 500k, how different does the rate / term look today on a 4 unit conventional vs a 5 unit commercial loan.Context: I just sold a property and now looking to pu...
Scott Lepore
best areas left to squeaze out a buck flipping
I have been flipping in Denver for 4 years and that business has gone the way of the 8-track player (at least for me it has). Inventory is gone. Foreclosures have dropped off a cliff. I am not tied down and enjoy...
Dave W
Line of Credit based on Appraisal
Is it possible to establish a line of credit based on the Appraisal value of a property?
I've only tried BOA, they want to use the purchase price to determine the amount of equity.
Erik Perks
Cash flow - meet up - Marion/Carbondale IL
I am looking to host a Cash Flow game at my house over the thanksgiving 4 day weekend on evening. I have a few players but I’m looking for a few more.
No experience required.
Message me on here and we will take...
Maria D'Aura
Say you had $400K to invest for cashflow. Where/what do you buy?
I'm ready to make another purchase. I'm looking primarily for longterm cashflow. I'm in California, but open to out of state investing. I've been looking at my options in California, southern washington state, and St....
Monica Tao
Short Sale Class Note
Hi everyone, I'm new to the BP, one week to be exact. Love to share something here as everyone else did.I took a 3hr short sale class today in Long Island, NY. Just want to share some notes I took down and love to hea...
William Burns
Non-Conventional Financing Fix & Flips
I have been seeing more opportunities for fix and flips lately. When it comes to financing a flipper home it can be tough. Does anyone have a source for hardmoney or some type of house flipping loan they would recomme...
Amanda Strickland
SEEKING FUNDING FOR A NEW CONSTRUCTION PROJECT
Hello Bigger Pockets Family,The requirements for a typical new construction home loan is as such : you need a general Contractor with recent experience, you need up to 10- 20% of LTV usually a one time or a double cl...