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Hi everyone, I had a few questions specifically for Commercial loans. If the bank says they'll finance 80% LTV based on their appraisal, that doesn't mean they'd finance 100% of the deal if I got a low enough offer pr...
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I am looking to get advice from any one that started in the rental business debt free. I am saving up to buy property with cash and no partners or investors. My questions are: Was there a benefit to going debt free?Ho...
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I am working on acquiring my first flip. I found a good deal if I can get it. Now I am working on the money. I thought the money was based on the property not you. How do you get a money lender to do business wit...
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We have a 90000+ square foot flat roof industrial building. The roof itself is not in great shape. There are walls between the sections of the roof which are probable causes of some leaks. We are considering to put on...
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Hi all, I want to start the conversation about common mistakes when doing a BRRRR. Here is my short list:
Overestimating the After-Repair Value (ARV):Investors sometimes overestimate the future value of a property a...
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Good afternoon BPI have been offered a 4.3 million dollar deal. The seller knows I do not have a down payment. He offered to lower the price to see if I would take a 20 percent down payment and owner financing. I look...
I've been out of the game for nearly 8 years and would like to know what has changed in terms of buying pre-foreclosures in California. Specifically subject to and short sales.Both from a legal prospective as well as ...
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Hi. I am a prospective tenant in Cleveland, Ohio. My SO and I completed application on Tuesday and payed fee immediately for rental property. LL followed up next day stating she received applications and fee. It has b...
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I’ve heard of hair dressers with hundreds of units in their portfolio. Obviously their business income will not cover The cost of all these mortgages.When will banks start approving you for more than what your job sal...
Hello,I am an investor recently joined to biggerpockets and looking for any suggestion to pick college town rental opportunity with appreciation down the line.Thank you,Kiran