John Barnes
Loan with low Income but lots of Assets
Hi Everyone,I'm trying to assist someone in obtaining a loan. The person in question:Owns primary residence (300K)Has +-300K in equitiesIncome of $35,000They took out a HELOC and used those funds to buy a 4plex for $1...
MARK MONTANO
Pro Formas?
Hey there BP nation! I was just curious if anyone on here has done one of these before? I'm very interested in learning to draft one of these.
Danny Mak
First Investment! Need Criticism and/or Support!
Hi All,I graduated university in 2017 and have been working in a big tech company for two and a half years. Real estate is something I have been learning by myself for the past year. I am trying to avoid paralysis by ...
Tyler Sample
First Time Buyer needing advice! My plan to own a home
Hey guys, I am a 25 year old business consultant that makes 75K a year right now. I can confidently say I am expecting to be making six figures in the next two years. I want to buy a home and stop renting but am looki...
Genus Powell
Seller financing. How do the pros qualify owners for seller financing
Hey Biggerpockets,
I'm currently targeting FSBO properties seeking owners interested in financing their own properties. Based on the majority of my feedback asking sellers is he/she is in...
Joshua Andrews
Method of ROI calculation for notes
I've seen several types of calculations used to determine return on a note. One is the cash on cash method, and the other most frequently used is the IRR.
I am familiar with how to calculate both on typical r...
Zen Ouano
Investing in Assisted Living
Hi, can anyone share their experience with purchasing a vacant facility or land for the purpose of building a facility? We are only in the planning stages, but seems a lot more complicated than just buying regular RE...
Brian McCarter
Rejecting Law Students
Hey everyone. So I am trying to determine if it's still legal to automatically reject lawyers and law students on that basis alone? I am in Massachusetts. It's a new rental season and I like to brush up on my knowled...
John James
Cost for seller financing
Learning more about seller financing method and its really discouraging because there is no true 0 money down strategy. Is there a general rule of thumb number i can use from people who have done this before. Attorney...
Joseph Lucas Jr
Landlord Tales and cautions
Happy Friday BP Nation!I am still very new to the world of real estate investing but I think I’m going to go down the path of buying, holding and renting. Now I talk with my fiance about this and she immediately bring...