I had been pre-approved for two investment property mortgages through Redfin mortgage. Today I checked rates on their site, and there were none even with great credit and a 25% downpayment.According to my loan officer...
I listened to a BP Podcast not long ago where the investor said that he sends his agreements through Escrow instead of placing them under contract when wholesaling properties. Does anyone else use this method &...
I've located a property that seems would make a great flip. It's on my street, been vacant for over 6 years, and the owner lives right around the corner. I've been hesitating for months on this because I'm unsure of t...
Hi, I’m currently in the pursuit of becoming a buy and hold single family rental home investor (BRRRR process) Besides having direct access to the MLS for comps and availabilities, are there any substantial benefits o...
Hi All,
I have drove around a couple days now, gathering a good amount of homes that I will be contacting the owners. With that I need a little help wrapping my head around a few things.
1. When the buyer invites y...
Hello bigger pockets community my name is Emmitt I just recently bought a trailer house that I want to rent out but it needs repairs before it is rentable. I need help figuring out what I need to be rent ready and wan...
Hi BP,I've considered taking the CCIM coursework to bolster my investment analysis. Is it worth it paying for the course or paying to keep the designation active? If anyone experienced with the course, or the designat...
A bigfish investor has approached our project with a deal that seems too good to be true. What risks are involved in granting the investor too much equity in the end product? Could there be an ulterior motive involved?
So I'm about to do my first flip. I have 2 other partners that will be part of the deal. However, a contractor friend of one of the other partners brought us the deal. Obviously he thinks he should be "in" on the f...
hello everyone! I'm currently looking to purchase a 6 unit property in Chicago IL. I have a couple folks who want to invest and essentially put enough money in to pay for the down payment + closings costs. They would ...