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Results (10000)
Account Closed Advice please. Buy now or wait?
13 September 2022 | 14 replies

Hi All
I need some suggestions pls. I have one investment property so far. I really want to buy a multi family in cleveland, OH area which would be out of state for me. I have enough money saved for at least 6 months...

Michael Douglas Christensen Private lending for down payment
25 September 2016 | 4 replies

Hey BiggerPockets! I am curious about private lending - specifically for a down payment. Has anyone ever done this and is it legal/possible? Let me explain the hypothetical ideal scenario I'm interested in and any fee...

Anurag D. Take Equity Out (DTI maxed out, DSCR almost 1)
14 February 2022 | 4 replies

Hello,

> Assumption:
- Single Family residential rental (one-unit) (CA) with good (~45%) equity built .
- DTI maxed out for Conventional loan requirements (Freddie-Fannie based loans)
- DSCR just reaching...

Pace Jordan Investor Negotiations
28 January 2013 | 6 replies

Im planning on getting into rehabbing/flipping. Im ready to approach a few friends/family members about investing in me. I would greatly appreciate some advice as to how much I should offer to these potential investor...

Andre Key Hard Money vs Private/ Ideal Terms
28 July 2015 | 0 replies

I need to here from the many exceptional people on this forum about what are great terms on hard money and private loans.  I need 50% of the cost for a residential construction project where my company has partnered w...

Maxim Gaudreault Maryland Owner Occupied Bedroom Rates
17 October 2019 | 2 replies

Maryland BP Community,If any of you can share what prices your charging for for renting out bedrooms in your owner occupied single family homes that would be helpful. Would be curious to see some numbers aside from wh...

Luis Herna How to fund Seller finance and Subto Properties
22 August 2024 | 1 reply

When in a Seller financing deals (with subto - hybrid) asked you to put some down payment and there is not other way to close a deal with him, where we can find private money for the down payment?  Are there private m...

Sam Craven How BiggerPockets helped us Flip/wholesale 27 houses in 12 months
24 September 2013 | 36 replies

On October of 2011 I found Bigger Pockets and I can honestly say it was and will continue to be a major driver for the success of our business. Back then I had been a homeowner for 5 months (a lovely ex crack den) an...

Kelby Schimming Bank Loan for a Down Payment?!
13 December 2023 | 12 replies

BP,I have a deal in the works and the seller is willing to finance. However, due to my inexperience, he is requesting a down payment around 300k. I will also need another 200k for closing costs. It is an off market $8...

Yadriel Carrasquillo Question to lenders about how to best protect the investment.
28 June 2019 | 5 replies

Hello, and thank you for taking the time to read this and for your helpful answers. I’ll get right to the questions.So, I hear that hard money lenders let you borrow up to 70% of what you need to buy and rehab a prope...