Sharon Evans
Bouncing Ideas - Hard Money Lender Strategy for Fix and Flip
Hi there! I'm still in the "information gathering" phase of the deal, but I've spent the last few days educating myself on hard money loans, the costs associated with them, and the problems that people experience in g...
Brett Wagner
Turning partners note into a long term one
Hi. I have a question about working with a partner to change the terms of a note. Here’s the details:Purchased a SFH with partners money, $50,000 purchase price, $30,000 rehab money for a total of $80,000. The terms ...
Uwe S.
Upfront fees for due diligence from private money?
Originally posted by Nikko Lawson:I was recently contacted by a private money broker who works for a group called Kingdom Financial (website listed below) and we're working to get a MHP deal funded. Everything seemed ...
Jim Piety
How much do you put down?
Considering money is cheap right now, it makes sense to borrow as much as you can. However, a larger down payment reduces the monthly payment and helps increase cashflow. Plus, if you have a larger amount of equity, c...
Charmaine M.
Need advise or opinions..
Hey Folks, So I have a scenario I would like a bit of advise on. I looked @ a short sale today, asking $269K, SFH, 3/2..this is for my personal residence. I plan on going in with a 203k or another rehab loan. After h...
Justin H.
My first deal.
Been a while since I've posted..
I'm 26, needed a place to live in right now and a place to invest in for the future.
Its a duplex in West Seneca, NY. Pretty good area, sort of on the buffalo fringe, but West Senec...
Jay Yoo
Offered higher to win and renego to lower pricing
Hi. I’m a newbie to REI so bare with me if I’m not explaining well enough. My agent and I offered higher to win the multiple offer and hope for a lower appraisal than offered pricing. Guess what, the appraised value ...
Jordan West
Investor friendly agents in Alberta, Canada
Hey everyone, I'm looking for an investor friendly agent in Alberta, Canada, which biggerpockets seems to only have resources for US markets. Can anyone know if bigger pockets actually has resources for Canada, and i...
Account Closed
MLS Comps
Good morning. I have a question regarding MLS comps: Can I determine my subject property's current value based on one(1) comp? The reason I ask is that out of all the comps my agent sent me for a property I'm interest...
Joval Mathai
Multifamily investment in New Jersey
Gave an offer 90K above asking and still our offer was not accepted ? Am I missing something here.Loan type: we gave both FHA and conv. Location : Union, NJ