Andre Beraud
Bank REOs
How are you? My name is Andre Beraud. I was wondering is it a great idea to buy Bank REOs. WHAT ARE THE PROS AND CONNS TO BUYING BANK REOs. Thank you so much for your time ans support. SEE YOU AT THE TOP
Zach Yonek
Pressure test failed
Looking at a HUD home where the pressure test failed for the plumbing. Wondering what kind of numbers to conservatively budget for a worst case scenario? With it being a HUD home, I'm told they won't turn the water on...
Nick Causa
Getting crushed by HELOC interest
Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...
Joe Johnson
Leaving W2 Job and Getting Bank Loans
Hello Biggerpockets,
I'm wanting to leave my w2 job as I've managed to grow my rental portfolio to 16 units providing 50k net income per year. My one snag is that when I talk to my local banks, they say they will no...
Indiana Eugenia Castillo
Newbie is South Florida - Airbnb & house hacking
Hi! I've been following the forums and I've learned so much in the past few weeks from reading people's questions and the responses as well. I only wish I would've discovered this website years ago! Thank you so much ...
Bryan Hancock
Man Makes Ridiculously Complicated Chart To Find Out Who Owns His Mortgage
For those wondering how the securitization process works here is a simple (humor..yes) process to demonstrate it:
Securitization Process Simplified
Enjoy! (Bill...I found this on LinkedIn :wink:)
BTW...I escpecia...
Patrick Hancock
Private Money Partner Question
Hello,
Partnering with a private money lender to assist with down payment on a duplex. He will receive a return on his money for seven years but no equity in the property. His question was how secure was his loan. ...
Tyler Haskell
HAVE to have LLC, Accountant, and Lawyer?
Hey all,So I have four purchase agreements for out of state property that I plan on closing. In your opinion, how necessary is it to have an LLC set up? How about getting an investor friendly accountant and lawyer? I ...
Account Closed
owner financing
hello I am new to investing, and with a bad credit history its impossible for me to get bank financing. So owner financing seems to be a good option. My question is what contracts do I need. Where do I, or with whom ...
Matt Ryan
HELOC Construction - Inspection
Hi Everyone,I own an empty lot that I want to build on and would like to get some input on the biggest construction risks.I am taking out a HELOC on my current home to pay for the new construction and will take out a ...