Matthew Fiebig
Funky Wraparound, and First Position Seller Financing.
Hello Bigger Pockets!
I have this deal that I'm looking into. It contains a mobile home park, a few Single Family Rentals, and a 6 unit apartment building. The Seller is willing to provide a wrap on the SFR and a 6 u...
Thomas T.
Seller offered something different in the beginning.
Seller signed a contract saying gutters and a fence would be finished at closing. I got a phone call saying he would give me 3000.00ish to compensate for not putting the fence up at closing. Very frustrating because i...
Nigel L.
Financing for Residential Triplex but Zoned Commercial
Hi everyone,
I would like to seek some advice / expert opinion here. I'm looking to purchase a mixed-use property in Ontario, which is currently zoned General Commercial (this permits a commercial storefront with res...
Anita Oakley
multi family vs. portfolio of SFR's
I have purchased multi family properties and SFR's. I am now considering purchasing several townhouses being offered as one investment as a package. From my understanding (which is certainly inexperienced with this ...
Joshua Hopping
Columbus, Ohio - Rookie Checking In
Hey all,Born and raised just outside of Dayton, Ohio - I've been a Buckeye all my life. I finally landed in Columbus in 2016 when I took a job in the City's Finance Department. Having secured a (relatively) cheap co...
Jim Butterfield
getting repair costs out of refi
Looking at a rehab property. ARV is $150k, repairs estimate $48k currently, cost of home is $85k ( still calculating final offer). Using those numbers, after rehab i get a loan at a 70% LTV this is $105k, $85k to pay ...
Allan Gomez
Buying Rental Property
Hello,Thank you in advance for your replies and insight. We currently own two houses on one lot. We live in one and rent the other. We have enough equity to purchase another similar property in our surrounding area. M...
Matthew White
Loan origination fees
I am about to close on my first property and noticed the loan estimate was significantly different than the original I signed. I understand the insurance and third party fees update on the estimate as we pay them but ...
David Jackson
How to keep leveraging
So you buy 1 property put down 20% and move to second and then third and so on. The time will come when banks will stop giving further loans. How to structure deals so banks doesn't hesitate giving you a loan on the 4...
Greg Moran
First investment loan default. The saga begins
Investment Info:
Single-family residence private money loan investment in Enid.
Cash invested: $27,600
Contributors:
Matt Mesick
UPDATE: (10/02/2022): Borrower has defaulted on the loan a...