I have a good deal of experience with private lenders, but this is something new for me. I have been approached by a group of Chinese investors who want to fund commercial real estate deals that I am working on. I a...
I am having a little trouble with calculating the maintenance/capex expenses. It is also hard to find comps for this type of property in this area. I would be putting 20% down with a 3 year ARM amortized over 20 years...
Hey guys,If a property has two single family homes on one parcel, could it be eligible for conventional small MF financing? i.e. be underwritten like a duplex?Thanks in advance!
We are in the process of purchasing a 9 unit in South Carolina. Our agent took 10k as earnest money a week ago but just emailed me and said that he needs another 10k for earnest money because the law requires a broker...
I understand criteria are an important part of being able to evaluate deals quickly. As I'm trying to define my own criteria I am running into questions like "should I stick with brick only or is siding ok?", "how muc...
Hi everyone,I am a new investor looking to buy my first out of state rental property in North Carolina. I really like the power of reusing my money with the BRRRR strategy and have been focused on that so far.I happe...
I've been working really hard to get my first wholesale deal done. I got to use spare time, because of a 65+ hour work week at a job and family. But hey! A guy can only do what he can do right!?
My phone rang yesterd...
Hey BiggerPockets! I am a senior graduating from Virginia Tech in May and getting married in November :) For the last six months, I've analyzed a real estate deal every day, listened to over 100 BP podcasts, read The...
Background,
A woman who couldn't afford her payments left Maryland. Her bank started foreclosure and stopped about 1 1/2 years ago. She filled out the paperwork for a deed in lieu of foreclosure and the bank refused...
Hello all,Recently I have been looking into tax deed sales, and a friend of mine told me if you win a tax deed auction, you get the title free and clear. Is this true? What is the process of doing so?They hold an auct...