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Dear Biggerpockets membersA section 8 tenant of mine filed a conversion lawsuit against me claiming I was responsible for her missing belongings worth $100,000. I got a lawyer, she lost the case and I asked the judge ...
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Forgive my ignorance, but I just want to make sure I am thinking correctly.
I have a home equity line of credit that is open and I can draw cash from whenever I want, is a business line of credit along the same theor...
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I have been researching HML's and so far Lima One Capital seems to have decent rates for first time flippers (3.5 Origination Fee, 12% Interest, 70% LTV, 90% LTC, 10% Down). Does anyone have any other recommendations...
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Good afternoon, I applied for loans at a lending institution about 1 year ago. They were unable to sell the loans due to an underwriter overlooking certain aspects of the loan. That underwriter was fired after they pr...
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HelloI am about to complete the construction of 2 new duplexes in the DFW area with a $1.5M construction loan. Latest appraisal for the 4 units came back at $750k per unit or $3M total and my estimate for renting it i...
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I started learning about the business of real estate since May 2018 and recently closed on my first property in October 2018 and am about to officially become a landlord by signing my first lease in 2 days. BP has be...
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What are the restrictions of selling a short-sale back to the seller?
Can I sell it back to them in 2 years?
I will be moving to an emerging market within a year with this amount of money. I am curious how others would choose to grow it to $1,000,000 in five years or less. Thank you for sharing your thoughts!
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Good evening fellow Bigger Pocketers. I'm a military pilot currently stationed in California. I've bought and sold 3 previous homes that I purchased while stationed in various places. I typically like to buy "broken t...
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ARV 99,990
PITI 600
We have a 3yr lease with option
Our Option is Loan Balance at time of Closing. (currently 90,500)
I have a tenant buyer who agreed to to put down 5k and rent for 900/mon...