We presented our counter offer on a 6-plex, when another party crashed the party and offered full list price. Who does that in St. Louis! We were out of the deal. Getting that far was very exciting. It meant a quic...
Looking for some advice on a refi. Here is the situation. Currently in a 15 year contract for deed. Original loan was 90k @ 3.5%, still owe 65k. Approximately 10 years left on the loan and my monthly payment is $6...
I was reading a short article today that said something that I found interesting: "an investor's greatest enemy is not really the markets or lack of resources, but really the investor himself". I do believe that those...
Hello Bigger Pockets,I am a long time lurker and occasional poster looking to network and learn.Several years ago, before online poker was destroyed with lawsuits, I was a professional, online poker player. I read bo...
Good Morning...I'm closing on my first investment property and opted for the 3.75%, 7/1 ARM, over the almost 1 full point higher 30 year fixed. What do you typically do, when using conventional financing on a deal, a...
A business partner of mine is in a partnership that owns an apartment building worth about $3M. They've been upgrading units as they've become vacant, which has reduced the monthly cash flow temporarily with expectat...
Could someone please give advice on if I should buy my first U.S. property in my personal name or in an L.L.C.? I am Canadian and it's been recommended to me several times by accountants to just buy my first property ...
I hear all the time these investors who talk about buying a property, fixing it up and then pulling all the money out to buy another property. What I can't understand, is that if you pull 80% of the equity out to buy...