Ebony Bolton
Is there a minimum loan amount that lenders require?
Hello everyone. I have been looking at some low priced duplexes under 75k in the New York area. My question is... od lenders typically make 15yr or 30yr loans on homes priced this low or do they require a higher minim...
Jeff Greenberg
Equity Partners Ownership Restrictions without being vetted
In every Syndicated deal I have been involved in, the lender requires the equity partners to be vetted, and be a signer on the loan, if their overall ownership is above 20-25%.
1. I would like to hear a len...
Aaron Wong
Chase Mortgage Nightmare
This is a rant about the nightmare that is getting a conventional mortgage at Chase and I'm not sure if this is the right place to do it but I want this to be a warning to any other investor that may be looking to use...
Tyler Flagg
"Money For Nothing" - Documentary about 07/08 Housing Crash
Hey BP Community,I watched a pretty good documentary a few nights ago and figured I would recommend it to everyone. It's called "Money for Nothing" and is currently on Netflix.Primarily, the documentary is about the F...
Dominic Milinazzo
Is Pace Morby and the Subto Community worth it?
My wife Angie and I embarked on our Subto journey three years ago, and the transformation it has brought to our lives is nothing short of remarkable. As seasoned real estate agents and owners of a small brokerage in C...
Joe Scott
BIG THANK YOU to Bigger Pockets! This site is amazing.
My name is Joe. I live in Chicago (West Loop). I am looking to get back into real estate investing. I had a property a long time ago. I broke even on it. Then the market crashed. I am excited to get going again. I ...
Greg B.
Have you ever thought about owning the golf course?
http://www.star-telegram.com/2011/07/17/3227011/lenders-to-sell-3-golf-courses.html
I don't golf but I have a lot of friends that do. Wonder what it would take to keep a golf course in the black? What are the many ...
Samuel DeMass
Flood insurance on a rental property, how to find info and gotcha's.
Hello BP world!Please allow me to tap into your collective knowledge, once again.I'm looking at buying a property. I'm doing the math to see if the deal is viable and I need to get a number for how much flood insuran...
Brian Bandas
To LLC, or not to LLC? That is the question...
Please forgive the cheesy title. I couldn't help myself.I have a number of questions about forming and using an LLC. Right now I own 3 cash-flowing rentals, I am 10 days away from closing on a flip as well and have be...
Mike Garrett
What is your current issue with your construction projects?
In today's current construction market, contractors are only getting busier and both prices and schedules are increasing. Many contractors are attempting to increase their scope in a project to capture the gaps while ...