Stephanie Lacy
Do I need a Mortage Broker ?
Hi everyone! This question is in regards to getting pre-qualified for a loan to buy my first investment. As a real estate investor, do I need a mortgage broker? And if so, what are the pros and cons?
AJ Wong
How & Where to get mortgage loans for multifamily apartment complexes: 5-50+ units
I've noticed a lot of confusion and forum posts seeking guidance on 'commercial' mortgage financing for apartment complexes of 5+ unit up to 20-100+ units. Having supported several investor acquisitions of small balan...
Dawon Irvin
Exploring the ABCs of Real Estate A Dictionary of Real Estate Terms
This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
Gary Sewart
Purchase/Rehab w Hard Money Loan, Re-fi w DSCR Non-Recourse Loan
I'm planning to invest in my first buy & hold for renting out. My intent is to purchase and rehab it using my Solo 401k, together with a non-recourse loan from a hard money lender (I know several via a local REIA ...
Dow Lin
Loan vs Capital Contribution for Down Payment
BP,How can I get money for a down payment to a holding LLC?My partner and I plan to purchase our first investment property under a LLC we are setting up for this venture. We plan to own the company equally.He is the ...
Ndy Onyido
Lender Scam: Has Anyone successfully worked with this company?
Hello BP Nation.After reading the post with link below:https://www.biggerpockets.com/forums/517/topics/60645-lender-scams-and-warning-signs-beware-protect-yourself-I decided to share this experience to ensure no one i...
Corey Dutton
Don’t Know Any Private Money Lenders? Here’s 5 Reasons You Should
A private money loan is any loan from a non-bank source of financing. Auto loan financing is one type of private money loan and a hard money loan used in real estate investing is another type. Because these loans do f...
Ken Rishel
Delinquency Rates
The State of Illinois recently passed a statute into law that allows regulators to examine and publicly report on delinquency rates, as well as take action against lenders whose rates are too high. While the statute s...
Zaahid Holloman
Mortgages and hard money lending
I'm curious to know. If you have a property that is under a mortgage, is it possible to get a hard money loan on top of the mortgage to make some renovations to the property ? I don't know if it varies with different...
Kevin Zhou
How to structure title in a 50/50 house flip
I am a first time investor looking at a property that a realtor and her husband (the general contractor) brought to my attention. They would like me to provide the all the funds (for the property, rehabbing, misc cost...