Sorry if this question has been asked or if it seem silly, but I read on the commercial real estate lending requirements and it seems lenders look at the investment return of the property itself to decide if they will...
Hi All,Purchased a Duplex 2/2 for 160k a year ago; had to separate all utilities and upgrade oil to gas. Put in about 30k all said and done. Owner occupied.Rent is pulling in 1250 a month. Mortgage 1140. Nice deal. So...
Let's say I buy a home for 100k with a 20k down payment. A year later that same home is now worth 150k and I have since put 10k into the principle on the loan.Would I now have 80k in equity?If i refinanced, would i be...
When I was a young boy I was in awe of millionaires. I never fathomed becoming one. I became a millionaire (by net worth) five years ago at the age of 40. After becoming a millionaire, I became somewhat disappointe...
What would be your question when find out a well established syndicator is seeking additional "Key Principal / Key Sponsor" to join on a project, in order to help them qualify for larger loans. I am tracking that as ...
Hey all,
What would you rather have your net worth in real estate or stocks?
Getting to the point where I want to scale up my real estate investing business and trying to figure out the best way to get large private lenders. My biggest issue currently is I have worked with some higher net wort...
Hey BP Forum, I have been juggling the idea of getting certain home warranties for my properties like: sewage/water line warranties, appliances warranties, etc.I have had clients ask me if it's necessary, and while I ...
I have a lead from a landlord who is currently looking to offload some properties. Long story short, desirable neighborhood, nice home, free and clear. It'll rent for $2,200-$2,300 per month with no problem, but is go...
Hi everyone,I'm very new to the world of investment properties and have yet to even do a deal but after listening to Bigger pockets first 20 podcasts I had a question about short sale/pre-foreclosure deals. I'll try ...