Hello BiggerPockets Family.I am in the midst of closing a deal on a foreclosure that I intend to rehab and flip. This particular deal requires more cash in escrow then I have on hand so I went the business credit rout...
Scenario:
A lender had limited communication with the borrower throughout the loan term, resulting in misunderstandings and lack of alignment on project goals and expectations.
Mistake:
Miscommunication led to issu...
http://finance.yahoo.com/news/minnesota-town-offers-free-land-175459865.html
I'm doing a cash out refinance on a primary residential which we'll turn into a rental soon. As I heard the mortgage limits is 4 per person, I try to finance it under my name only so that we can get up to 8 loans. My ...
I'm looking to invest in multi-family but my DTI is pretty much at its limit. I've looked at several ways to incorporate deals but the majority of sellers want a loan from the bank. How can I continue making offers wi...
For every investment property held less than an year, is it required to pay a capital gains tax after the sell? If so how does that work?
Hi there,Has anyone had any luck getting a mobile home park financed with reasonable terms on a 30 year note? I’m dealing w a seller (in a town near Atlanta) who simply won’t owner finance and, unfortunately, none of ...
Just wanted to let everyone know that Pro and Plus users can now chat with any BiggerPockets Members that they are colleagues with! In the bottom right corner of your screen you'll see the blue "Colleague Chat" box. ...
Hey All - I have recently just bought my 4th property and am hoping to move all my properties under one LLC. I currently have higher insurance on each property to help protect myself but think its best to move to an ...
Hi BP family! My wife and I have identified the house we'd like to purchase for a long term investment in family life. We moved to Anchorage 5 years ago and bought a great home on a noisy midtown street. Now we have f...