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This is my first post, so sorry if it lacks form.I'm a new real estate investor that just moved into my second property with 2 tenants. I rented out my first one with some cash flow, but my second one I do have to pa...
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Im sure everyone in this forum has seen or been contacted by "Private Lenders" on Facebook. I was recently offered this...Terms are flexibleJohnInterest Rate: 5.5% (Buy and Hold), 8.5% (Fix and Flip), Cashout/Refi (4....
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One thing that confuses me is when bidding do you get interest on the amount you over bid from the original owed amount or by over bidding are you lessening your profits?
Does anyone know a good resource for learnin...
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Looking to expand upon my rental portfolio. I currently have one rental that I have owned since 06. I have a very small mortgage with lots of equity build up. It is in a sought after neighborhood, school district, ...
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I am attempting to workout some terms with a seller. They want to sell, but only at the price they want. They have not been able to sell the property in years. The problem is that the property is in too bad of condi...
For years I have been investing in rental properties. My experience has always been with single family properties. I have also managed apartments and have always managed my own properties.
This year I have been wor...
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Hello all, I put a contract on a property in March. This particular property was a contract assignment through a local wholesaler. Contract was accepted Everything was going smooth until the virus came and everything ...
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I'm considering using hard money to cover some of the holding costs and renovation for an indoor storage conversion project in Davenport, IA. Wondering what kind of terms I can expect when using hard money? I unders...
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Hello fellow biggerpockets members! Long time lurker/reader and first time poster. So I came upon an interesting situation recently. I was saving up to BRRRR my first house until I had a conversation with a friend of...
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Greetings BP!I posted a previous question regarding using equity in a SFH rental I have in San Diego. Its worth 500k and I owe 220k. It is in a 15 year loan with 9 years left. previous question was let it ride or u...