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If you have ever been through the process of closing a real estate deal, you know it’s a long process. From agreeing on a purchase price with the seller to securing financing with your lender, there are a lot of movin...
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If you have ever been through the process of closing a real estate deal, you know it’s a long process. From agreeing on a purchase price with the seller to securing financing with your lender, there are a lot of movin...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/763840/small_1621496882-avatar-fabianp2.jpg?twic=v1/output=image&v=2)
Hey all. Bigger Pockets has been my pocket guide to real estate over the last couple months. I have finally put a triplex under contract and underwent the house inspection earlier today. This is finally beginning to f...
Hey BP Fam, I'm a novice analyzing one property a day, and I'm trying to see if I'm missing something here or if this property actually cash flows around 14% in year one. I assumed $2k in closing costs, 5% vacancy, 8%...
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I am considering a monetized installment sale and would be grateful to connect with anyone who has done one before. This is a difficult transaction to get comfortable with and not a widely known strategy.For those no...
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ultimately I would like to get cash from the seller to take care of upgrades. But I understand this is not allowed. Is it legitimate for the seller to hire me and pay me for repairs and upgrades before closing? I am a...
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Hello BP,
I am looking for some advice. I am writing this as I sit on the airplane flying to FL to close on a duplex today. I have a rate lock with my lender that did not include points or origination fees. We are cl...
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Thomas Edison said he found 2,000 ways not to make a light bulb. I can empathize. I believe I have finally found a lender who will work with my unique situation. I am attempting to refinance a hard money loan for a
1...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Birmingham.
Purchase price: $750,000
Cash invested: $150,000
75 unit property located in Birmingham, AL. C - asset in a gen...
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After sifting through many beginner guides, watching podcasts, and almost falling victim to a plethora of guru webinar schemes, I have finally decided to try my hand at REI. I am a 22 year old active duty military mem...