Account Closed
Net Worth Statement Question
Hi all,Could you help me with this question I have about net worth?Recently we signed a contract to purchase a property in SC. It's raw land now and we'll be re-zoning and turning it into a manufactured home site. Sin...
Shera Gregory
Trying to help renter with high rate loan issue
We have a renter who has been paying rent via electronic payment every two weeks on the same day as his paycheck. This was working very well until a few weeks ago when the payments started bouncing. Because of our goo...
Anthony Campanello
How can I determine which financing option is best?
Hi Everyone,First post on BiggerPockets so I hope I'm not overstepping with the question.I am trying to compare two financing options for a 4-plex in NJ. The property itself is a vacant 4 unit that, after rehab (~$125...
Jen Roberts
Joint Venture with Transactional Lending
I'm looking into transactional lending. IF you've done this before, can you tell me about your experience? I want to know the good, bad and ugly. Thank you!
Jerell Edmonds
Creative financing for second investment
Hey everyone ! I’ve been seeing a lot about DSCR loans . Would that be beneficial to use to get a second property with ?! do have a decent amount saved up in my stock portfolio that I want to sell to maybe acquire a ...
James Masotti
Paying off personal contributions with business proceeds
So I'm just getting started with doing buy and hold under my LLC. My first deal didn't go nearly as well as expected, so I still have quite a bit of my own personal funds in the deal as well as outstanding balance on ...
Charles Hill
Non-Exclusive Purchase Option in Washington State
Dear BP Members;
What I would like to do is make a non-exclusive offer/contract with a seller, and I'm not a realtor, in Washington State. Basically I see it working this way. I would negotiate with the property owner...
Greg Shows
Buying from a Relative - Financing Ideas
Hey everyone! I am relatively new to real estate investing and very much still in the learning process (I have one rental house at this time). I have a relative who has a rental house worth $170K and still owes $80K o...
Tim Silvers
QUIET TITLE ACTION VICTORY on 2ND MTG/HELOC but with a CATCH
So I retained counsel to file a quiet title complaint to remove a defaulted and charged off 2nd mortgage HELOC that under state (NV) statutes was no longer enforceable (past the 10-year SOL from the date of accelerati...
Christopher Dorsey
Should I do this Subject to deal?
Hi BP - just looking for some assistance as I continue my REI journey. I have a Sub - 2 deal lined up and the homeowner is very interested. Here's the situation...1. ARV is $155k - (Needs a new roof in a couple of yea...