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Realtors loaning commission @ 2.25% rate post closing 2nd mtg
Anyone ever heard of Realtors loaning the commission @ 2.25% interest rate as a Cash Out 2nd mortgage above 97% CLTV post closing? Example: 500,000 purchase x 3% $15,000 commission- 5,000 for tax realtor has t...
Justin Escajeda
Not Destroying My Name as a Wholesaler!!
Hello all, I really appreciate all the feedback I get on my questions I ask, and try to contribute to the community with my personal advice as much as possible, but here's another question.
I have been a buy ...
Melanie Stephens
Seeking Biggest Mistakes and Lessons Learned Stories (Again!)
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
Patrick Meade
Seller running into problems with investor
Not sure where to start.. I guess I’ll start by staying this happened in Texas, and my family lives in Colorado. I was transferred to Texas for work on a two year contract leaving behind my family to persue my career...
Erica Nagle
Success Path and other frauds...we can stop them
We are looking for others to join a lawsuit against Success Path, Flipping Formula and other companies involved in taking millions from people promising things they never deliver. The more people we can get to file th...
Peter Prawel
How do you KNOW your lender isn't going to buy your find?
I was wondering if any of you have had doubts in sharing your candidate property address and price? If it's a sweet deal, then they could just delay your proposal and jump on the phone....
Maybe it's just me. I felt...
Patrick Jackson
Problems with Contractors
I am currently researching the different issues that investors have with contractors so I can come up with a solution to help resolve the issues. Can you please take a second and just give me a line or two on issues y...
Scott E.
THIS is where AI is going to change the game for real estate investors
While I've been having fun following the AI craze over the past several months, I've have had a hard time seeing where AI might disrupt the real estate industry... but it just clicked.
Here's my prediction - Over the...
Lora H.
Prospective Tenant contacted Landlord's FB friends w/o telling me
Hi BPers! This is a new one for me and I'd love some feedback. I just moved and am trying to rent out my previous home which will give me my 2nd rental. I have been vetting out a joint applicant couple. I educated...
Nat C.
Hiring from craigslist?
I am staring renovations on a property this weekend.It's only a 1400 sq ft house in good shape and requires cosmetic fixers.I'm planning to rip up the lino and carpet and install tiles and repaint the entire interior ...