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What problem if any will have when I want to wholesale a deal and use a buyers agent at the same time? Most investors I know wholesale deals all the time without getting an agent involved in their business, especial...
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One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...
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We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it. We would obviously ask for a down payment, proof of income, and proof of insurance. We'...
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Hello,Does anyone have experience using a HELOC to pay down a mortgage? I recently heard about this strategy and I'm intrigued. I don't understand how this is more beneficial than just paying more towards the princi...
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One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/164779/small_1621420632-avatar-ldonnie.jpg?twic=v1/output=image&v=2)
I tried searching BP and google for a direct answer but could not find an answer about unsecured lines of credit. I plan on buying on 26k property using my Private Line of Credit (PLOC) from my bank and it will appra...
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This popped up on several podcasts. Paid placement-sponsor, but curious if anyone has worked with them for SFR or multifamily purchase?
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I have a unique situation of home equity I have built and am not sure how to make best use of the same to buy more properties. Here is the situation:
I own following 3 properties:
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It’s probably wrong for us to laugh at people who lack some knowledge - but why would anyone invest in something they don’t even have a basic understanding of? Here’s the 5 most clueless note investors I’ve run acros...
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If I private lend at a 12% interest rate and 4pts up front, what do the 4pts equate to?Acquisition and refurb would be around $380-$400k total.Note: this is hypothetical.