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Below are answers to the questions that give a synopsis of what we are looking to achieve. Also see the attached working draft term sheet of a revolving credit facility that lays it out in detail. * How much money...
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Hey guys and gals!Before I get to my actual post, let me just say this..First and foremost, I'm pumped! Pumped about the future and what it WILL hold. Pumped about the big juicy problems I am currently dealing with (d...
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So I get a call today from someone that wants to sell me their house. The challenge is it is supposed to be foreclosured this coming up Tuesday. This is Tuesday evening and I will meet them tomorrow which is Wednesday...
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I am buying a multiunit rental and the rate I am getting is “ the rate will be calculated 5 business days prior to closing and will be fixed for 5 years at a rate of 275 basis points over corresponding federal reserve...
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What paperwork should I use to ensure the commitment of a new PM lender?
I've done as the smart people have suggested and developed relationships with people I know, and the people they know, and I now have s...
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Hello all, I'm in the process on closing on a property located in Chicago and the title commitment has the legal description of the property as ... PRINCIPAL MERIDIAN, IN COOK CO ILLINOIS. but the current recorded dee...
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For anyone reading this and considering investing in a syndication.
STEP#1: Go toSEC.gov | EDGAR Full Text SearchStep#2: Put in the name of the company listed in the PPM.
If it is a Reg D offering, they should show ...
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ANCHOR LOANS – I usually do not post on this forum. Although, in this case, all Bigger Pocket Members, need to be aware of this Hard Money Lender, and their unethical practices.
I am an experienced investor/builder ...
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If you already own a home as your primary but are looking to buy your first rental property or 2nd home in your own name, do you still list it as your primary even if you aren't going to live there? Or do you need to ...
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I have a question about my state's contract language. I am making a cash offer and providing POFs (my bank statement) however I am not sure if I will use cash as I have another short sale under contract that I am awa...