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In today's real estate investment market the mortgage matters. For those not purchasing with cash, assessing income or cash flow can often come down to the terms of the mortgage financing for an AirBNB or Vacation ren...
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Question for the smart masses. I am catching up on podcast and I listened to episode 55 featuring @Jimmy Moncrief. He stated you could use a retirement account as collateral for an unsecured loan. Does anyone know an...
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Hi BiggerPockets,
I am a newbie looking to purchase my first rental property in the Greater NYC/NJ/CT area this year. I have a significant amount of interest from private investors and see myself being able to raise...
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Hi all,I'm a real estate investor in California, but I also own multifamily in Indiana. I have a private lender here in California that lends against homes that I flip. He's always been resistant to lending on anyth...
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I was made aware through one of Brandon Turners podcasts that Credit Karma was a free way to check your credit score. So last month I signed up and logged in. Low and Behold my credit score was 732 low-748 high I w...
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Ok so I bought a house cash, fixed it up and sold it with owner finance. Now the new owner is asking for monthly receipts of mortgage payment.
Is there an obligation for providing this? Should I be sending quarterly...
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Hi BP,Just looking for some encouragement or guidance with my investing situation. I'm def over budget on my 2nd property. Here is where my business currently stands:Property #1 (ARV $55k): Owned outright at $32k in...
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Hi All,
Would you lend 100% for the purchase price, if, the house is being purchased cheaply. For example, the house would sell on market for 160,000, but the sellers just want to get rid of it, and agree to sell fo...
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Hi All,My wife and I are looking to buy a house in Long Beach, NY and we are first time home buyers. Our plan is to buy a 2 family house and use the house hacking method to get started as RE investors. Currently we ha...
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I have an appointment at noon tomorrow on 8 unit property. Owner has 32 units total, (4 different buildings) to be sold individually or together. I have a questions. The owner of the property is a private invest...