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I wanted to show an interaction that with a FAUX lender.. He sent me a PM on BP.. but it could easily be linkdin or facebook or Craigslist or connected investor.this is classic interaction with these guys.. the websit...
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Here's my "take" on the market - and my question:
Will hard money continue to get cheaper? We see a continual pattern of huge amounts trust deed investment dollars chasing a smaller number of loans.
Rates in the si...
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Offer Accepted: Almost $2 million under appraisal, but can we fund it?I fund most of my deals through some type of pooled investment, whether I raise money on a deal-by-deal basis or through a blind pool fund. It ca...
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Hello,
What is the most efficient way to collect rent payments? Is it by mailing a check? Scanning someone's credit card? What are some different ways rent can be collected that are efficient?
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As we round out the year, what are some of the things you all are doing to best position yourself in the short term rental space in 2023 and beyond. I have a few questions below, feel free to answer just one, or all o...
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I commented before on my situation, but just a quick recap so you know where I am coming from. I am self employed via eCommerce and my business bring me about 15K/ month profit and rising - leading me to want to inves...
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I am under contract for a two-family property in New York State. My deposit check has already been cashed and the appraisal was just performed for my FHA loan. I got a note from my lender today letting me know that th...
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I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
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You are probably asking: What is a wholesaling business? I’m sure that if you are on Bigger Pockets, then you already know what wholesaling is. Now imagine you had an endless supply of properties to wholesale… how yo...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...