Jaxi West
Promissory Note or Deed of Trust - which is better to sign?
Hi
Investing with a guy who needs the money to rehab a house. Not a super large amount.
Deed of Trust ties me to the house/title. I am a silent owner until the work is done and we file with the title compan...
Evan Manship
Fannie Mae Homestyle Mortgage
Hey BP,I wanted to take a collective poll as to who has had experience and what the community has heard regarding Fannie Mae's HomeStyle renovation mortgage product -- not to be confused with the HomePath renovation p...
Jared Ryan
LLCs and personal mortgages
Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...
Ruth Lyons
Inspectors killed my deal -- 3 times, Any advice?
Hi friends,I rehabbed/renovated a single family home in Baltimore County. It was supposed to be my first fix and flip after getting 4 buy and holds finished. But I'm frustrated and just put it on the market for rent. ...
Bill Gulley
BP CHAT
Hi, Hopefully we can have a good chat on Jan 24th. I set a time on BP Chat at 4pm to 6 pm EST. I had set it up to role play as an investor willing to loan money to the newbies, if they could talk me into it. They stat...
Mel Hignell
Found adult videos shot in—and outside—our Portland Airbnb
As the title says. A friend of ours found a gif of a woman bouncing on one of our beds with our very particular artwork in the background. Through this we were able to do an image search and found porn videos shot in ...
Account Closed
What is the cap rate in your city?
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...
David H.
Attn: SBA Disaster Loans for Landlords
Attention!!!!
Landlords / rental property owners in affected areas of the Covid19 pandemic
The SBA Economic Injury Disaster Loans (EIDL) are available for rental property owners if your state has already made th...
Carlos Ptriawan
Don't become passive investors
If there's one thing I learnt from the massive crash of CRE in 2023(and 2024) is that "Do not become passive investors". WHen you are passive investor, you become the dumb money , your money is being misused or misman...
J Scott
Controlling Your Appraisals
Vikram and others brought up an interesting topic in another thread, and because it was buried pretty deep in there, I wanted to break it out into a new thread. The discussion was about how you go about getting your ...