Curious to know other's experience on first note purchase/or seller financed created note. What went right? What went wrong? Is there anything you would do differently? After going thru the experience of creating...
I believe I have a pretty good understanding of both but I could use a scenario or two in which you would know which method to use to acquire the property. From what I understand, if the owner has the home completely ...
Hi everyone,
I have a private lender lined up who will be lending (unsecured) to me from their SDIRA (checkbook controlled IRA). I'm just a bit confused about how to get the ball rolling. It is as simple as finding...
Hi everyone, I am reaching out for help because I am not sure what to do. I know there is a wealth of honest true knowledge here on Biggerpockets. My dilemma is that, I would like to start back flipping again. I ne...
I am new to Bigger Pockets and New to Real Estate. I am looking for advice for my situation. My family has mobile home lots that are empty and I am wanting to purchase mobile homes to fill the lots. I just don't know ...
Hi BP experts,I've been talking to various banks on my options to do a cash-out-refi vs. line of credit on my rental property business. Most banks and credit unions offer a traditional cash-out-refi or a line of credi...
These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is ...
Is a business purpose loan which is secured by borrowers primary residence similar to a business purpose loan secured by a investment property?
Are there any special criteria which the lender has to meet for...
Hello!My aerospace company (over 10,000 employees) pays me highly in private stock, more than my salary at this point. My the average yearly return on the company stock is over 30%. Since this is much higher than conv...
Hello All, Im looking for an alternative to the standard practice. A debt structure for SFR that's valued by cap rate as opposed to individual appraisal.Im open to speculative conversations but here is the scenario....