Andrew Medici
5-unit property and what the financing would look like
Hey everyone! I wanted to ask the group a question that has been baffling me. You see, I have been looking for a small multifamily in Pittsburgh. I am familiar with the different financing vehicles involved and was se...
Brian Sherman
Which Bank do You use for your Rental Property
Hey BP,I'm just getting my first long term rental property started and I was wondering what banks and types of accounts you choose to use for your business account. I'm looking for ones that allow direct deposit for r...
Ashley Shields
Preapproved first timer
been sitting on the fence awhile, reading and dreaming and being fearful. Finally stepped forward and got preapproved for a 30yr fixed FHA: 150k, with 6%seller assist and about 7k out of pocket to close. However th...
Kevin Harrison
Auction Flip deal scenario
Hi everyone, I’m looking for some feedback on a foreclosure at auction. Amount in default is $304k, no other liens, tax payments are current. The owner moved out of country and his son was living in the home and not m...
Cody Hirons
New Investor in Indianapolis looking for help
Hello everyone,I have been a BiggerPockets member for over 6 months now but this is my first post!I have recently bought a home that has sat empty for 3 years in Indianapolis.The house needs a lot of work but doesn't ...
James Ferguson
New to REI should I take out personal loan?
Hey, I am new to REI and am undecided whether or not to take out a personal loan to quickly amass my down payment for my first property?My wife and I both recently moved to Texas, have good jobs with no prior except l...
Marco Bario
Good Time To Sell Partials
Cash is King, and investing is about managing risk. I market to owners of Seller-Financed notes interested in trading future payments for cash. Buyers of this type of paper are still buying, but with the COVID19 econo...
James Petzel
Help a good friend and business owner(subject 2 etc)
I have a good friend who is self employed and has had a strong business for many years. He's run into a rough patch because of business/economic reasons largely out of his control. I do believe that his business will ...
Ryan McDaniel
What to do with escrow refund
I just closed on a refinance of one of my properties and I'll be receiving an escrow refund from my old lender. It will be enough to pay myself back for the minimal closing costs and have hundreds left over. What shou...
Ali Horbach
Seller Financing Deal Structure
Hi BP'ers. I am looking at a vacant duplex to BRRR. Going in with a 300k offer on an ask of 354. The home needs minimal work. Mostly landscaping. Seller will hold paper at a quoted 35% down and 9-11%. It would use ...