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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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Does anyone have any experience with the hard money lender, Do Hard Money?Looking into doing business with them, if they approve me for REI in Raleigh NCThanks
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I am planning to begin selling performing notes to folks who need income investments and would like to have a 3rd party escrow agent who knows notes and can handle the escrow and closing process. This would include t...
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Hello,
I am seeking help with a situation involving my tenants and their previous management company. I recently purchased a duplex, and the previous owner had employed a property management company. One of the apart...
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Hi BiggerpocketsI am trying to better understand the concept of title and the bundle of rights that come with real property.Lets say we have a sub 2 deal in a title theory state. The owner of the property is highly mo...
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I've done a few deals now, educated myself more, and now am regrouping for my next move. In doing so, I'm wondering if making money passively is possible remotely. Below is a 30-year hold (life of loan) KC SFH B+ Clas...
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Do you ask applicants for their current landlord's contact info? I do, but never call. A few years back I was put in an impossible spot. I was evicting a rotten couple, not an easy thing in NJ but I got lucky, and the...
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Curious how you guys go about finding a contractor that will walk through a property with you and give an estimate on repairs ? It appears to be a deal if the rehab isn't too crazy, but want to be sure before buying. ...
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I was given an exclusive lead on a apartment complex purchase and the numbers appear a bit tight. Please help!This is a 20 unit complex within a mile of my house... I'm committing the bigger pockets cardinal sin becau...
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I heard that there is no license needed to broker private/ hard money loans, Is there any truth to this? I know that you don't need one in the commercial sector. Is there one needed in the residential hard mney sec...