Do all hard money lenders require a reserve? I've just started talking with a hard money lender and they want at least 20K in reserves before moving forward. They claim it's standard. My credit is good, my debt-to-...
How to “Nail” The Basics of ContractingMy buddy gave an extremely thorough presentation to our real estate club back in February, when he reviewed his past two LA renovation projects. Figured the Bigger Pockets commun...
Hey everyone! Day2. Post 2. I need some more advice. So far everyone has been super helpful. I found out today that I will be able to draw from my employee stock program in about 90-180 days. Funds should be between ...
I'm a newbie to BP...love the depth of knowledge I'm seeing on here.If you keep your quest for private mortgage lenders with people you know...are there any disclaimers or disclosures that "need" to be made to these p...
1. I'm not a data scientist or statistician.
2. These numbers are my opinion and have been compiled from Air DNA. I don't believe Air DNA is a perfect data source, and I believe you can find inconsistencies dependin...
Good afternoon!
We all have seen what has happened in the past like what happened in 2008. Do you predict what happened then to happen again soon? If so what is your back up plan?
Hi everyone, I'm new to the site but I am a long time listener of the podcast. Anyway, I am transferring to a University soon and will be pursuing a degree in Business Administration and I have the option in specializ...
Hello,
This is my first post on the forum and am attempting to work through a few properties to determine which is going to be the best initial investment.
Starting with the numbers.. The home seems like a solid i...
Hello BP,I am new to REI and running into roadblocks getting finance for my first deal. I just contracted my first deal (a great one I might add) so I have no previous deals to refer to and obviously no credit to fall...
I'd like some replies from BP members on a hypothetical question. These are really wierd times with unprecedented changes occurring in the economy regularly.
Here is the question. If someone has done all the nec...