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Results (2884)
Patrick Britton How do I write a note on a property I own outright?
19 January 2020 | 7 replies

I own a duplex outright that is worth about $110,000 - $120,000.  I would like to write/sell a note so that I can get money out of the place and get some more investments.  Where do i go and what do i do?  This would ...

Brendan Shane Financing a Down Payment
31 March 2020 | 11 replies

Hi everyone, I hope this finds you well and safe.

I am looking for guidance on ways to finance a down payment. I have a deal (6 units) but don't have the financing for the down payment. What are my options?

Can ...

Barbara E. Should nonbank special servicers have more regulations?
29 October 2014 | 2 replies

I've been reading a lot on housing wire, nasdaq, market watch, and mortgage orb, and it seems a big discussion occurring is whether or not nonbank servicers should have more regulations.Here is what I learnednonbank s...

Samuel Cardenas HELOC on LLC property Experience?
29 July 2019 | 3 replies

Good evening BP family, So, we are currently in the process of purchasing our third property. Our approach on the third property is BRRRR strategy using a HELOC from a current rental property that is paid in full. Now...

Account Closed New mortgage requirements
18 July 2010 | 7 replies

Just read an article that Fannie Mae has been doing a second credit check. This is obviously causing problems for some mortgages.

With the passage of the Financial reform legislation there will be a large number of ...

Mitch B. How do I cash out refinance a gifted house?
30 March 2014 | 3 replies

My father has decided to gift his rental to myself & 2 siblings. I'd like to buy my siblings out & they are ok with that. The plan is to determine a sell price we all can agree upon, so we hired an appraise...

Jon Klaus Don't miss this blog: Just Say NO To Property Management
4 February 2012 | 9 replies

BiggerPockets has way more traffic here in the forums than in the member blogs. Dennis Fassett has a gem of an entry on property management of SFRs with lively discussion in the comment section.

http://www.biggerpoc...

David S. Is it easy to Refinance out of a private lender loan?
28 October 2020 | 8 replies

Hi.I am set to borrow 130k to buy and rehab a property at an 11 percent interest rate (I only have to pay the monthly interest and closing fees) from a private lender. I expect the home to appraise at 170k-200k in 6 m...

Zachary DeNeen Commercial Loan Process
10 February 2021 | 5 replies

I have successfully completed a few single family home flips and have always had conventional loans. I am now planning to invest in a small to medium sized apartment complex out of state. I have found a few local cred...

Venkat Dabri Penalities due to late tax filing
14 December 2019 | 9 replies

This year I was heavily strapped for cash due to a family emergency. I couldn't file my taxes on time and I had to file for an extension. Usually I receive a very large refund but this time I had to pay a huge amount ...