In another thread I asked about workarounds to being unable to get a mortgage. One person suggested that I could refinance after buying a place with cash and renting it out, the idea being that having occupants paying...
I have been working with a homeowner to avoid foreclosure. I guess in this case he wouldn't be considered a seller. A Notice of Default has been issued and the borrower is a few months behind in payments. He current...
How do you analyze a deal? What are the key factors to pay attention to when working on a fix n flip deal and wholesale deals. Are there any guideline percentages to follow ? If that makes sense
I couldn't find the information I was looking for so I figured someone here has to know! I have a friend who is renting a bedroom in San Jose, CA. Her landlord lives in the rest of the house. She wants to get a new lo...
What is the process like for refinancing a hard money loan into a conventional loan? Is it easy to accomplish within a short period of time like within a couple months?
Hi everyone, here is a finance question I have. Hypothetically if I was interested in purchasing a commercial property for $300k and would be my first property, could I take out a home mortgage or would i be forced t...
The 70% rule in real estate can be helpful when comparing properties and making a final determination on which one is the best investment. Understanding the ins and outs of this rule is imperative to using it to your ...
Dear BiggerPockets Family;I am relatively new to this site and still learning the basics of it all, but after listening to many of the podcasts, I kept hearing Brandon talk about posting on here as a great way to get ...
I am looking to finance an investment property (condo) purchase in Washington State. My offer is accepted and now I get to know that owner occupancy is less than 50%Can anyone suggest any lender who would finance such...
Had a conversation with our insurance provider.1. On another post someone said they use locks with a master key for all customers. This makes you a warehouse and not Selfstorage. You then take on new liability on t...