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A friend of mine has purchased a 1st lien position performing note from https://sierracrestcapital.com. Has anyone heard of this company? and also what is their incentive to service notes. Basically my friend said Si...
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Hello everyone!My team and I are beginning to interview property management companies in our area. We have a bunch of questions we are asking them and hope to have 3-4 prospects once we are done interviewing. I wanted...
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Hi BP community, I'm a new investor looking for some feedback: there's a local SFH in preforeclosure and I met the owner in person who told me the reason was basically a misunderstanding: he skipped mortgage payments ...
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Hello,I'm considering a project where I would scrape a 100 year old house and build a duplex on the lot. I'm wondering how much the sewer and water tap fees would be for a project like this. I can find the info on t...
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Anyone here have to pay any upfront fees when they starting working with the private lender? Like origination fees, processing fees, etc.
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Hello Biggerpockets community,
I am setting up a single member (my husband and i) llc for myself, llc will only be used for managing one long term rentals property. Do you recommend I use myself as a registered agent...
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I've noticed that financing an investment property, either SFR or Multi-Family, whose asking price is lower than 50K seems somewhat frowned upon with lenders. I've seen a few companies who will not lend on properties ...
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Anybody have any dealings with assigned contracts? What are some potential pitfalls of assignments? Is there anything I need to watch out for? :shake:
I have a property that someone as an assignment on. I viewed ...
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Hi all -- looking for your opinions on this. I have a duplex in NJ and my mortgage loan is a 30 year, 5.625% rate, 77,175 initial balance, opened August 2018. It's now down to about ~75,000. My principal and interest ...
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I’m looking at buying some condos for rentals. These condos have HOA fees. Should I avoid HOA fees always?
thank you,steven