Account Closed
Question about finding and closing first deal
Hi all,
I had a question about finding a deal if you don't use the MLS. I don't have a license, so if I find a deal that's not listed on the MLS would I still need to use an agent to close the deal?
Thanks in advanc...
Carlos A.
Leveraging equity of Investment property
Hello everyone, I hope you are well.
Quick snapshot of situation
I was fortunate enough to find a deal in the south florida market (Fort Lauderdale) where the sellers were looking to retire but were house rich/cash ...
Lynn Henley
Note Brokering and Factoring
Is anyone doing both purchasing/brokering discounted notes and factoring? I see note purchasing/brokering as a way to receive huge pay-outs, but they don't come in on a regular basis. Factoring, has lower pay-outs, ...
Craig Price
Define Cashout Refinance
Can someone define what Cashout refinance is and give an example? I'm sorry if this is basic knowledge but I'm new to all of this and want to make sure I understand this strategy.
Andy Mirza
Collecting on PMI as a factor during bidding process
Anyone have experience collecting on PMI (mortgage insurance) with a non-performing note? Would love to hear the good and the bad.We kicked a loan out of the bidding process because the seller's price reflected a futu...
Sylvia B.
Financial Management Problems
Quite often we read on BP about tenants who don't pay their rent on time, for whatever reason. The kids are sick, the car needed repair, pay day comes after the rent is due, etc., etc. Generally, it boils down to poor...
Sherrice Baines
Using Private Lenders (Not Hard Money)
Hi guys,
I need a little guidance. Two companies have reached out to me in regards to utilizing (or partnering) with their company to help fund my deals. One company states their program offers the use of the...
Ken Rishel
Courts are Speaking on using MLOs and others as "Fronts"
Here on Bigger Pockets it is very popular to suggest that one can make loans through MLOs and avoid any responsibility for licensure and compliance. I have held that since January of 2014 that that is likely a very da...
Mark Charles
Refinance Strategy for rentals
I am considering buying a couple properties from someone who is "getting out of the game" and I am not going the conventional mortgage way meaning higher interest. The math still works out and I make a little when con...
Raphael Turner
BRRRR investing in Pikesville/Baltimore
Does anyone have recommendations for BRRRR friendly lenders in the Pikesville/ Baltimore areas. Two of the major issues that I'm concerned about is finding a shop that does 30 year mortgages on investment properties ...