Brandon Sturgill
Wholetaler's Are You A Licensed Broker or Realtor?
Folks out there acquiring houses at discount and listing for retail, are you licensed as an agent or broker. Is your primary advertisement of the property through MLS?
Lisa Marie
1st Home - should I purchase points for my loan?
Hi all,I'm in the process of buying my first home with the intent of turning it into rental property after a few updates. The entire process has been a new experience and now I'm deciding which lender to choose from. ...
Michael Abernathy
Pulling the trigger in 2017
I feel like I have spent an eternity reading, researching, listening to the BiggerPockets pod casts, etc... In 2017 I would like to buy my next property and stop making excuses as to why I can't.I would like to buy-a...
Tim Wang
Newbie Rehabber - Need 2nd Opinion on Contractor Quote
Hey BP!Closed on my first home 2 weeks ago and boy is it scary/exciting. It's a ~1050 sqft 3/1 SFH with an attached 800 sqft 1/1 ADU. I'll be living in the ADU while the main house is rented out. Both sides need a lot...
Tyler Child
Estimating repair costs
Hello,
I am closing in on purchasing my first rental property. I must say its been an interesting but nerve wracking experience. I've done my due diligence and pulled all of the information I could regardin...
Will Gaston
How should/could I ask my note holder for a discount?
All:I have 2 seller financed properties that I am looking to refinance with my portfolio lender to take some cash out. Both of these properties were purchased in early 2016 from two different owners. Note #1 is a 20 y...
David Reo
Buying your own debt for a discount?
I have a pretty interesting concept I’ve been kicking around in my head lately: can you buy your own note at a discount. I’m confident this would be near impossible to do directly (in most market cycles), but what if ...
Kris L.
State Caps Late Fees, What About Early Pay Discount?
My state caps late fees. For some price points, this means a late fee is a pretty weak motivational tool. What if I instead offered an early payment discount? So lets take a property at $1,000/mo. My max late fee i...
Gary Thompson
Seller creates a note and then sell the note?
Hello - This is my first attempt at posting something here and I am looking for a some of your experience here to help me fill in my knowledge gaps.I am helping my mother in law sell her home, we have a cash buyer, bu...
Ryan Brooks
Advice about discount points at closing
I’m being charged 2.85% for discount points at closing on a secondary/vacation home mortgage. Seems a bit high. Can someone please advise?
I live in the northeast but I’m purchasing in SC where taxes are considerably...