Loretta Murray
How do we make our borrower pay us back?
Several years ago, my husband and I used the majority of our retirement savings to make a private loan to a real estate developer for a single family home development in a very popular part of town. Years later, there...
Taylor Dame
Line of Credit - Personal vs property backed vs mix?
I am a newbie who's trying to get my financing in line before I start throwing out offers on deals. I am currently in the middle of the application process with Wells Fargo to get a Line of Credit against a paid off i...
Michael Sjogren
Syndication, what is the #1 question holding back investors?
I was at a conference this past week talking to a a few MF syndicators and discussing various aspects of the business and I wanted to pass this question along to the community. What is the #1 question/reservation your...
Jay G
What type of business backs your real-estate deals
I would like to dedicate this post to “What type of business backs your real-estate deals”
What type of business do you own?
What made you chose that business?
and finally:
Who or What helped you decided to reinve...
Scott Trench
Interest Rates are NOT Going Back Down in 2023
Responses to a recent poll indicated a sentiment among the BP audience that suggests that members of this forum believe that rates are going to decline over the course of 2023.
I do not believe this, and want to mak...
Pameer Ahmad
What can I do to get my rent back?
Hello everyone,
i have an issue. For the past 2 years, my wife and I have had a family friend renting a room in my house. He was writing the check to both my wife & I but recently he has only been writing the ch...
Michael Carbonare
A Look Back 30 Years To My First Deal
30 years ago I closed on my first real estate deal. It was a foreclosure, owned by the Resolution Trust Corporation. The RTC was a federal agency created in 1989 to resolve the Savings and Loan Crisis of the 1980s, ...
Account Closed
How to back out of purchase w financing contingency
Looking for advice from any mortgage professionals.. I need to get out of a purchase contract which is only subject to a financing contingency at this point. I basically changed my mind due to recent personal life de...
Account Closed
Our First Refinance - Put the Money Back In There!
Investment Info:
Large multi-family (5+ units) buy & hold investment in Minneapolis.
After holding 3201 Lyndale for several years and building equity, my siblings and I knew it was time to refinance and ...
Sharon Supera
Dilemma - buy our own condo or go back home
Hello BiggerPockets community,
I’m grappling with a significant real estate decision and would appreciate your insights. Here’s the situation:
We own a detached home with 2 units, consisting of a legal 2-bedroom bas...