Chris C.
Anyone have experience with Elite Funding Group LLC
Had received an email from this group and spoke with them on the phone yesterday. Seemed legit and expecting to hear back from them today on some proposals for a project I am working on. Could not find much online s...
Joann Lim
Interest only or repayment?
Hi, I am new to RE investing and doing my due diligence and learning loads. What do you think of interest only loans? Which do you prefer, interest only or repayment?
Gary Hawes
Boosting Credit Score??
I am helping someone sell their mortgage notes they create by them selling houses to people and taking back a mortgage and note.
My Question: Example:
The people have payed six months payments and have been on tim...
Account Closed
FHA 203K Renovation Loan - Questions
Hello BiggerPockets family!
I have a house under contract that I am using an FHA 203K loan to purchase. I am completely new to all of this and was hoping to get some advice from everyone here.
My first questions is...
Edwin Ro
Cash-In Refinance Makes Sense?
Situation is $800K loan but have $400K cash. My monthly payment is $3,600 excluding tax and insurance (50% of monthly net income). I am thinking of paying down the loan to about $500K to get a lower monthly. Otherwise...
Eric D.
Invest or pay down mortgage?
My wife and I have two multi-families purchased within the past couple years that are on 30 yr mortgages (4.625 and 5.125%) with 25% down and loan balances of about 300k each.I have some extra savings to invest - abou...
Francisco Milan
What is the average return you are making on flips ?
HelloJust curious to see what you guys are ok with making per flip % wise. Whats your average?Do you have your own rehab crew?Do you pay for agent real estate fees? (I ask because I am an agent myself so I save 3%)
Camille Johnson
Fixing Outlet in Garage for an Outdoor Refrigerator
Hi! I'm a new landlord. My first tenant wants to put his refrigerator in the garage, but the outlet can't handle the load and it keeps tripping. He wants me to pay for an electrician to come and fix it. I don't feel l...
Joe Cummings
FLEX = I'm Insane
Every time I see or hear the word "FLEX" involved with a commercial property it seems like it's an obsolete building that's laid out all wrong on the property, that was specifically built to manufacture something like...
William Coet
High Property Tax Preventing Sales
I'm looking at a market that could be considered dysfunctional because of
the property tax rate being so high. Realtors are saying that it is
essentially frozen because nobody wants to pay more than the assessed
...