Phillip Davis
Structuring private money funding
Hello all,I have recently been approached by family members as my business starts to grow about them lending money to me. They are interested in the returns and not in the hands on parts of the business. I was thinki...
William Floyd
Deed of Trust
I am interested in a Tax Sale coming up soon, for a specific property. I know there is a Deed of Trust, and existing mortgage on the Property.1. If I were to successfully purchase the property via the tax sale, what ...
Derek Bell
Should I sell, hold, cash out refi?
I am a dev/builder. I have a commercial flex I just finished. It’s 100% leased up and my tenants move in in a few weeks after I can secure the U&O. It’s a nnn lease with 5 year terms. Currently will be bringing in...
Aaron Shuman
Creative Financing on Owner-occupied Multifamily
Hi All,I've recently moved to Atlanta and I'm looking to purchase and 'house-hack' a multifamily property. I have money for a down payment, but a hurdle I am facing is securing a conventional loan. As of 2017, I've st...
Jordan Theisen
Banking for Investment Property
Hi all,Recently I closed on my first investment property in the twin cities area of Minnesota where I'm also using it to house hack. I'm wondering how to go about setting up a new bank account for the property to keep...
Kenny Dofer
Unconventional investment strategy?
Hello,I live in a pretty hot market, with very low vacancy rates and high property demand. I was recently laid off from my job and have three issues: 1) No way to get a conventional mortgage 2) Need a place to live, a...
Kenneth Garrett
How much security deposit
I have a number of rental properties mostly single family/duplex. I typically charge one months rent for a security deposit. Recently I charged two months because the person was self employed and verifying the incom...
Ann Howell
Assuming risk when foreclosing on a note
Hi all - I am new to Bigger Pockets, and I am exploring several investment options. One option is to buy first position, performing notes. I want the monthly cash flow more than I want to get the property.However, I...
Nick Militello
Hard Money Contracts
I am looking to ask family for a hard money loan for a property. My self employed status and 2020 tax return are making a conventional loan difficult. Is the a template document available to use as a contract? If not,...
Andrew Barlow
Can partners get a conventional loan?
Is there any way for two people (or two families) to invest in a rental property and get conventional financing?