Marci Stein
So bad at math - please help with this deal
It’s a triplex in Massachusetts. Price 275 k Rental income 3000k expenses 900 a month( includes taxes , insurance, etc)The 75 k down payment is borrowed .So I’ll have to repay 275 k at current rates (6 percent?)How mu...
Levi Lewis
Figuring out Cap Rate
I have a question. When dividing cash flow from property cost to find the cap rate on a property, do we factor in only out of pocket spent or total cost including the loan. Practicing for now on the in laws new proper...
Account Closed
How to get around student loans? Or am I stuck?
Hi BP Forum,I'm new to real estate and I am hoping to buy an investment property within the next 1-2 years. I am currently a student in graduate school in Southern California studying to be a pharmacist, and I am stuc...
Julia Allred
Private Money Lender
Hi everyone, I have been looking to establish relationships with money lenders. I am wondering if the terms sent to me by a private money lender are normal? I am copying and pasting them to this post to see if I can p...
Ace A.
Paid or paying as agreed Payment deferred
Hi,So, I'm running my prospective tenant's credit and their were 13 accounts with the same information on it with different balance. The status are all the same, and reads "Paid or paying as agreed Payment deferred"....
Louis Fernandes
Seeking Advice from BiggerPockets Community: Loan Direct LTD Legitimacy?
Hello BiggerPockets Community,
I hope this post finds you all well. I am reaching out for some valuable insights and advice regarding an opportunity that has come my way, and your collective wisdom could make a signi...
Roxanne Cerga
Is this a legit Private Money Lender?
Came across 2 different person with offer of a Private Money Lending which provides LLC proof etc. But im still skeptical if its really legit. Seems too good to be true. LOAN TERMS AND CONDITIONS(1) Borrower must have...
Jasmine Claye
HML vs Bank first investment
How many people used hard money lenders versus financial institutions on their first investment property? I understand hard money lenders have higher interest rates & shorter loan repayment terms. Only benefit ...
Ryan Meyer
Starting a barber shop
Opportunity knocks. I'm considering co-ownership as a capital providing partner in a new small business (barber shop) in Oklahoma. The demand requirement exists and there is a new plaza being built with an appropriate...
Tristan Sparks
Seller Financing Contracts
New investor here with my first deal under my belt!
Now it's time for number two. Had the opportunity to do a seller financing deal that fell through. Ultimately, I'm glad it did because I didn't know as much about s...