Hello all. I had a great meet-up last night with fellow BP'ers in the area and it seemed the consensus for a first flip is find something "easy". I think i have found one that has comps in the $200,000+ range and ...
Hypothetical Scenario: You want to purchase/control a multi-family property that you (as the investor) will occupy (one of the units). The property could be anything from a duplex to a 4 plex +. Your goal is remove re...
Hi BP family,Through what avenue do you actually draft a promissory note and mortgage deed for a private investor?I have finally convinced a private investor to carry a 65% ARV note on a property of mine. This is not ...
Currently looking to get advice on a $50-60k private money bridge loan for my parents. Scenario: first mortgage $450k, property value $1.5MM - LTV 35%. Location - Santa Barbara county, CA. - current mortgage payment ...
Hi all, I am a new investor. I saw a house yesterday, I did like it, However, its in flood zone. My plan one day converted the garage space to make a living area. Since it's in a flood zone , I am hesitate to go forwa...
I know hard money carries pretty high rates. What would be a suitable option for buying and selling properties? No rehab work, and equity at closing? Would hard money be the best bet, or a private lender?
I was hoping folks could help me weigh the pros and cons of using one term over the other for a buy and hold investment. As I think long term about rehabs and refinances or even turnkeys when the numbers work I keep f...
I've just come across two triplexes from a very motivated seller. He's looking to sell as-is and only needs to pay off his mortgage amounts left over on the properties. Not all units are currently rented due to wha...
I'm surprised that no one else is discussing this on BP or maybe I just haven't found it but can you please share your thoughts regarding today's news, "Obama to back mortgage finance reform to speed housing recovery...
Good morning,I am new to bigger pockets. I joined an investing group about 2 years ago and received little help or assistance. I am a bit weary about this.I do not have much money to put down and I know that most pr...