William Powell
Bank and Loan officers suddenly go silent
Good good credit, 6 properties paid off with plenty of equity. I went to local bank president and spoke with them everything sounded good. I told them that I wanted to do a cross collateralized line of credit so I can...
Account Closed
Hard Money pts considered part of closing costs or separate?
Hi folks,
Hopefully a simple question.
I talked to a private lender recently and asked what typical closing costs were. I was told $5-6k, which didn't shock me too much.
Later in the conversation I asked what the...
Daniel F. Harb
Just Went "Pro"!!! Excellent Investment!!! $$$
Yes! Just went "Pro" on BiggerPockets and am looking forward to many years of super~successful investing! Are you going "Pro"? Why or Why not? Love to hear your thoughts.Thank you, BiggerPockets Nation, and here's to...
James Peterson
Opendoor raises $210 Million in new funding
Fortune articleIs this the new wave of buying and selling? Or does Opendoor just cater to the lazy, instant gratification (millenial) crowd?I could see this format effecting many wholesalers and flippers that target f...
Alan Taylor
DIY Plumbing for a Bathroom Remodel?
My wife and I bought our first house, as our primary residence, and have planned on doing much of the repair ourselves. First order of business has been the bathrooms in the house. Before we even moved in, I had to ...
Corby Goade
Non owner occupied HELOCs in Texas
Does anyone know of a bank that will do a HELOC on a non-owner occupied property in Texas? Thanks in advance!
David Keys
Monthly Payment decrease when making large payment to principle
So I have had many properties that I had put the typical 20% or 30% down on a 30 Year loan and had a Fixed payment with the bank. When I had extra money or a large commission I would always put large amounts to the p...
Chris Luksha
What's so great about MLS?
Good day all,AS I am reading and listening to podcasts and trying to learn all I can, I keep hearing references to "Use a realtor because they have access to MLS" or "Because I have access to MLS I can..."Is there a s...
Mitch Stephen
The Art of owner Financing and Private Money Terms
"Why I Borrow for the Terms I Do How I handle the Balloon Payment"I almost always borrow money from private lenders to buy my houses. I borrow at the following terms;$0 Down payment8% InterestInterest Only5 yr TermNon...
Robin Lambert
New to Long Distance Rental Property Investing
Hello everyone! My husband and I are new to real estate investing. We have been researching a lot and are anxious to get our hands wet. We live in Northern California so investing in our area (and California in genera...