I know in Southern California standards $35k is not a lot and wont get me as far as if I were to start out of state. I would start out of state but I have 0 connections and get analysis paralysis while trying to find ...
Introduction:
My name is Peter Firehock, I am currently an Acquisitions Associate for a multifamily investment fund in Washington D.C., BPG Holdings. Multifamily real estate has traditionally been a stable asset cl...
I've been looking into ways of getting into real estate by doing short sales with banks as my first avenue to get started. I guess I would be considered a "bird dog." This would be to get me started. The whole fore...
So I found a property that has SERIOUS potential. The duplex is owned by an elderly couple, both of which were moved into a home and this is an estate sale. Asking price is $27,900 and assessed value is $19,800. The h...
For you "private lenders" what mistakes have you made? I'm wondering if private lenders are 1. willing to disclose mistakes and 2. what they did to correct it, if they did at all.
I just read about private lending, t...
Mortgage scams and other lending scams are common in today’s tight credit markets. Banks aren’t lending and everyone is looking for private money loans to fund their investments and businesses. When the market demand ...
Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
Hi BiggerPockets,
I know this Question in being Beat to Death, and sorry if its repeated on an earlier Forum questions, I have read earlier posts, and just want to see if anyone has a clear answer on my situa...
So I'm looking for some advice on how to negotiate this deal. I have come across a seller who has no mortgage on their investment property, lives over 2 hours away from the property, and is fed up with renting, and j...
I worked through an application and was able to approve the applicant. As time has drawn near for move in, utilities have been a topic of conversation. During such - via text message ((in writing)) the applicant made ...