Katherine S.
HELOC vs Cash out Refi? And when is the right time to cash out?
We own 3 identical homes on the same block, purchased 3/2015, 12/2015, and 10/2016. The first was a short sale, and was purchased as a place for our daughter to live in while going to college. She pays rent that is ...
Nate Bartlett
Recording a mortgage on seller finance deal.
I'll keep this short. I'm purchasing a property from a fried in Illinois (Cook County) using seller financing. Purchase Price: $54kDown Payment: $10k at closing, $3k in 6 monthsTerms: Remaining $41k amortized over 30 ...
Marshall Ryan
Are these terms good?
Hello,
We are new to investor lending posted below is the offer we have. I not sure what it means by what they are holding and the reserves part. Could anyone shed some light on this? And if its a ok deal or ...
William Huston
Perfect deduction calculation...
Hello all,
I wanted to get some opinions on this, was at a meetup tonight playing cashflow game with others and I mentioned to someone how I've had such difficulties after loan 5, that I was thinking of buying my pro...
Darian Richardson
BRRRR: Refinancing Seller Finance Balloon Note
My Fellow BPERs and BRRRR Connoisseurs,I need your advice and expertise.Currently, I am looking into an off-market deal in Lawrenceville, Ga. The property is in need of repair ( roughly $22k in reno), with an ARV of $...
Arael Avinu
Norfolk Newbie!
Hi everyone, I'm Arael Avinu!I have some experience with real estate, I bought a house years ago in a market that matured rapidly over the last 2 years and now I'm ready to tackle my interests on the investment side o...
Shara Carlton
Stuck Pre-foreclosure!! Please HEELLPPP!!!!
HELP! I am in pe-foreclosure! I got a person approved for a hard money loan, we purchased a property, and, prior to maturity, we found out that we were not able to refinance due to my guarantor's debt to income ratio....
Christopher Telles
NOD has the cure amount the same as the original loan amount.
We've never bought a property through foreclosure and have recently run across several possible acquisition properties that have peaked our interest.Although I've never bought property in this manner I have watched pr...
Tab Teehee
what are typical apartment mortgage terms?
well after a long long year of rehabbing a 20 unit property, it's time to convert my construction loan to permanent financing. The local bank that did the construction loan has presented me with two different loan cho...
Joshua Dorkin
Nominate the BiggerPockets Podcast for the 2013 Podcast Awards
Hey Guys -
Today's the last day to be nominated for the 2013 Podcast Awards and I wanted to ask you guys to help us out . . .
Can you take a minute to nominate the BiggerPockets Podcast and help us g...