Braden Trunell
New investor in the Charlotte, NC metro area
Hi everyone,My name is Braden and I am a newbie real estate investor in the Charlotte, NC metro area. I found BiggerPockets in 2018 and have been listening to the podcast, attending webinars, and reading multiple Bigg...
Justin B.
Lender informs me of new Fannie Mae rule requiring minimum appraisal value???
So I am in the middle of purchasing my second rental property. I am getting a loan through a local bank. My lender just asked me if the property being purchased will appraise for at least $75k. She told me, "Fannie Ma...
Laurie Isabell
Estate Auction Flip; total rehab and stage
Investment Info:
Single-family residence fix & flip investment in Bainbridge.
Purchase price: $48,000
Cash invested: $50,000
One owner estate auction purchase. Really good bones, but major need o...
Marie S.
Buy Craftsman Illegal Split in 'historic neighborhood'?
Hi there, I'm looking to buy a 'triplex' in a trendy part of LA that I otherwise would NEVER be able to afford. I'm curious, is it because the agents are incompetent? Or because it's a 'Historic Neighborhood' with a C...
Richard Fischer
Easement liability title policy question
EE company buys property, a connected building, for $200,000.
EE company uses 2 private lenders for $100,000 each
Each lender gets the lenders policy from the title company on their “deeds of trust.”
EE transfers th...
Shane Montgomery
High Crime Rate City and Triple Net Retail
Does anyone have any experience with a high crime rate area (70% above national average), and NNN retail commercial property? Would like to know what experiences you had to put up with, and if the investment was wort...
Micah Haworth
Lease Option Wholesale Minnesota
Hey Bigger Pockets,
I recently found them off-market through a Facebook group that is being sold. If your contacting me the poster and getting some details it turns out that the tenant has been living there for sever...
Cassidy Burns
Structuring First Seller Financing Deal!
Happy Holidays BP!I am putting together my first Seller financing deal and I wanted to see what you thought of the terms. The seller and I have already discussed this a little but wanted to get some feedback before o...
Greg S.
65% minus repairs rule question
Hello all, quick question...
It seems that the standard for purchasing investment houses for rehab is to use the rule 65% of ARV, minus repair costs.
Using this formula, about what percent profit is built into the d...
Andrew Baisley
iFunding - Anyone Ever Invest w/ Them?
http://www.ifunding.co/
Has anyone ever worked with these guys? Any feedback?
I just came across them looking at the NYC Real Estate Tech Startup meetup. They are demo'ing next week to that group.