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After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
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Hi everyone, my name is Jeff Smith. I am basically looking for all the answers about Hard Money/Private Investors/Mentors. I just want to dive in on the subject and get all the ends and outs. However, I am brand new t...
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Hello Bigger Pockets!
I'm excited to share some insights about commercial multifamily investing in Mobile, Alabama.
1. Market Analysis: Mobile, AL has a promising market for commercial multifamily properties. The ci...
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title says it all (Plan on bidding on 2 properties next week). Thanks in advance for the advice :)
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Long story short, I am in a difficult situation with a property of mine and need to get rid of property. We have an offer for someone to purchase our property via Subject To. Anything I need to be aware of or make sur...
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Hello everyone,
I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV. What has been the most reliable way for you to calculate t...
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Ever since I got into real estate I've had a few questions raddling around in my head about syndication that I can't seem to get straight:
1. Are developers syndicators or do they use syndicators to finance the equit...
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Is this a normal and/ or fair exclusive listing agmt:
6% to seller agent
2.8% to buyer agent
That's nearly 9% gone off my sale and doesn't include other costs
I won't sign because this doesn't seem correct
Thoug...
Hello!I'm working on a real estate investment project for a class I'm taking and I'm having a little bit of trouble fully understanding the equity distribution calculations (pref and hurdles). When you are calculating...
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I already have 2 homes. A single and a duplex. I bought the single home with a traditional mortgage at the time because I didn't know about PML and HML yet. The duplex I paid for in cash.I'm looking to purchase anothe...