George Dale
Documentation when borrowing private money from family
What documentation do I need to consider when borrowing long term private money from family (30 year amort/10 year balloon)? I am working with a close family member on a loan. There were be no lien's on the property...
Andre Brasser
HELOC on primary residence due if I move and rent it out?
Hi All,I took a HELOC for ~$60k on our primary residence to fund a renovation on a rental property. My wife and I are planning on moving next year and we want to keep this house as a rental. Question is: If we decide ...
Bob C.
No way to refinance... really?
My girlfriend really needs to refinance her house/residence. She's paying a staggering 6.25%. 1) Her income has dropped to about 1/2 of what it was when she made the orig mortgage2) The loan-to-value is very close (...
Julie Muse
Rolling Prairie Renovation Success: Profitable Flip with Ron Rowan!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $160,000
Cash invested: $25,000
Sale price: $260,000
Contributors:
Peter Vekselman
Partner Driv...
Alex Yao
Fannie Mae
Hi everyone!I just found BiggerPockets last week and has been learning TONS of useful knowledge about investing in real estates. This is my first post on BP so pardon me if I asked/said something wrong. My wife and I ...
AJ Wong
Three alternative creative financing solutions to get a lower mortgage rate
Historically, residential US mortgage rates are near their long term averages. I remember in 2003 when rates were in the 5-6-7% range, albeit with more aggressive mortgage terms available to almost any and all borrowe...
Nasir El Ameer
Guide To Navigating A Fixed Commercial 30 YR Refi Cashout Loan
Hey everyone!My name is Nasir El Ameer.I am a commercial mortgage specialist that specializes in creating customized financial solutions for investors when the banks fail to close or if the investor is not a fit for a...
Darren Glahn
Need help setting the upset price for my property in Sherrifs auc
I have carried the note on a piece of land for 2 years and the buyer has defaulted.. He has defaulted because of a $50,000 construction lien. We are getting a summary of judgment and the property will go through a tru...
Don Spafford
Has anyone ever used the Velocity Banking Strategy?
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Nick Longstreet
How do I begin investing in real estate?
I've been listening/reading on BiggerPockets for a while now, as well as a few books on real estate investing. I really want to get into this and make it a full-time career someday. The issue that I'm running into is ...