Bayu Irjanto
FHA -- Move less than a year?
Hey All,I just recently closed on a duplex(3 weeks) on an FHA loan and have lived on one side. Concurrently, I have also been interviewing for another job. I recently got a job offer, in which it is a remote position....
Adam Furlough
Cash Flow Question
If you are analyzing a deal based on cash on cash return (100% financing), what kind of positive cash flow should you expect/accept? I know that many people on here say that $100 per unit positive cash flow is accept...
Chris Laino
How to Protect Myself when acting as a Private Lender
I am looking to potentially invest money with a developer, and I wanted to know how private lenders/hard money lenders protect their investment as much as possible? By "protect" I mean, not just give money to someone ...
Drew Mathews
Foreclosure Question for Borrower with Equity
Hi everyone,
I have read many of the posts and replies to posts referencing the foreclosure process here and have also gone through the BP Foreclosure book which has been incredibly helpful so far.
I have a more s...
Jason Hatfield
Combining Hard / Private Money Lenders & Seller Financing for BRRR
Hello BP!I'm looking at a deal that would combine these two methods but I'm unsure if a HML or PL would do the deal as they would have the second lien position. Does anyone have experience doing this?I would put 10% ...
Bryan Ester
buy one rental property cash or multiple properties with mortgage
Lets say you 1 million dollars. When does it make sense to take that million and buy lets say 2-3 different properties (by taking out loans and having a mortgage) and create rentals which then cover your mortgage but ...
Sean Bramble
Seller financed down payment
Hi BP - I've posted about this topic before, but wanted to ask an open ended question instead. I have a seller who is willing to finance down payment funds, but my lender does not allow for a second lien on the proper...
Allison Collins
2nd lien because borrower ran out of money
Hi everyone! I've been reading a lot on the forums since discovering BiggerPockets from their lending book. I read the book, but it didn't really cover this question. I have someone who wants to borrower money for a ...
Bhanu P.
How to calculate Net worth?
Hi All,I do have a question that seems so basic to me but I am not sure what should be the right answer & hence posting it here :-)When calculating Networth, how to enter the value of a property?For example, a) If...
John Geldert
How to decide lien position with two private lenders
I have found a deal and it will be purchased with a partner as a JV. Now if we both bring in private money how do you decide who gets 1st or second position? I currently have an LLC in which the house can go under. A...