Michael Brown
Does Private Money consider a borrower's DTI?
For those who have worked with Private Money before, in your experience have they looked into you credit score or DTI or is it a purely collateral based loan? I'm curious because my DTI is a bit high at the moment and...
Maegan King
We Switched Our Rentals to LLC - Addendum to Contract
We switched our 2 rental properties over to an LLC. Can we do an addendum to the already existing leases stating the new ownership and have them sign. Or should we have them re-sign the whole contract under the LLC?
Rachael A. Tanner
Do lenders finance pre-foreclosure?
We want to do a house hack in the Bay Area. My partner and I are considering looking into pre-foreclosure homes. Will lenders finance this type of sale? Do we need to be all cash or bring in another investor? Any tips...
Keith Schellhardt
Question
I noticed, on several occasions the following posted under profile names:
Under Investigation by BiggerPockets
Please explain what this means, entails and what act must a member/company perform to have this action t...
Jason Botello
Any experienced Land Flippers/Investors willing to chat?
I’ve been a licensed agent in Texas for 16 years and I own a few rental properties. I’m presently immersed myself in researching the land flipping/investing side of the business. I’m looking to connect with a seasoned...
Andrew S.
Mixing personal & rental funds (sole prop)
Hey everyone, I have separate bank accounts for my rental business. The properties are owned in my personal name. Since I don't have an LLC, is there any concern/ caution/ potential future issue if I transfer funds t...
Corey Kenney
Using a contractor from BP
Am I wrong to think that anyone advertised on the BP platform would be trustworthy,vetted and experienced in this type of work? I would just like to understand if I still need to proceed with caution or can I say well...
Charles Huang
Borrow from hard money then refinance it ?
What's the cost of borrow it from hard money first so you don't get outbid from those all cash buyers . Then after closing to refinance it through traditional mortgage channel ? Would that be ideal ?
Bill Young
Review of Tony Martinez and Lead Generation Authority
Has anyone had experience with Tony Martinez and Lead Generation Authority? After giving them $500 on a total of $5,500 I have found out that Tony Martinez once operated under another business name - Asset Ventures, L...
Georgeanna Tracey Newmones
Commercial property in need of complete renovation
Investment Info:
Other commercial investment investment.
Purchase price: $49,000
Cash invested: $15,000
Commercial condominium
What made you interested in investing in this type of deal?
...