Derrick Casson
I Got the First One!
Hey Bigger Pockets Family!
It’s been a while since my last post, but I have been active in implementing my investment strategy. I wanted to make this post to share my story as well as share some insight on where I wa...
Ellie Perlman
How to Build the Most Effective Acquisition Process
If you purchase or invest in multifamily properties, you have to have an effective and efficient acquisition process in order to successfully bid on and win deals. If you don’t, you’ll find that you’ll end up losing a...
Blanca Munoz
Single family home but just found out about the BRRRR Method
Hello, so I bought my first house and before I bought it, I didn't know about the BRRRR Method. I purchased the house for $145,000 and they were asking for $180,000. It appraised for $150,000. Renovations would cost a...
Spencer Hilligoss
LLC transfer approval from a large conventional lender (PART 2)
This is a followup to PART 1, posted last month: "Avoiding Due on Sale clause with a conventional lender. A saga."---This is a "learn from my mistakes" example for other new investors. If you intend to borrow from a b...
Mario Mormile
Has anyone worked with Anchor Loans?
Good morning BP family- has anyone worked with Anchor Loans? We are ready to do a refi on our duplex and would like to hear about what kind of experience others have had with this company. Thanks!
James Zhang
Delayed Financing on a triplex in Ohio
All,I was wondering if anyone could recommend a good mortgage lender who is willing to lend more than 65% of the appraised or purchase price for a triplex in Ohio. This would be a delayed financing. I am purchasing ...
Justin Polston
My story - So you CAN get a traditional line of credit without a perfect credit score?
I wanted to let everyone know the recent important news for me individually and those still looking for traditional financing. I've had several properties with plenty of equity for some time now, and I finally rece...
Ivan Reyes
protecting yourself using wrap financing.
We're purchasing a home using seller financing and a wraparound mortgage. The seller is the owner of the house we've been renting for 2 years.
My question is what protections should I be thinking about to make sure t...
Justin Johnson
Please explain BRRRR
I understand the acronym, all except the details of refinancing.
How do you "pull out" your invested money by refinancing? Or is this R referring to taking out a HELOC?
Please explain at "dummy" level with detailed...
Darrian Whitford
FHA loan approval
Hey guys,I have finally gotten the ball rolling on my dreams of RE investing. I recently got pre approved for a fha loan. I also put in a contract on a duplex. I have paid my ernest money, now i will be having the pro...