Lately I have seen a number of posts from what I consider some of our most respected posters on the board using standard procedures to calculate returns. One of the calculations that happens frequently is that someon...
Has anyone here ever defaulted on an SBA 504 loan. How is it dealing with Colson's Servicing? Did they attempt to enforce the personal guarantee? Was bankruptcy required?
How about a short sale? How was that handled?...
Hello everyone my name is Estevan. I own a home outright and its zoned R3 which means i can build an apartment on the property. I have about 200k cash, 725 credit score and almost zero debt. I can barrow additional fu...
Hello all, I just closed on a small Single Family home in the Atlanta area (Stone Mountain). I'm currently rehabbing the property and I'm planning on finishing up the basement to make it a stand alone 1BR rental (Long...
Hey All,
Wanted to provide a quick glossary of key terms relevant to Real Estate Syndication deals and their definitions. These are important to understand when evaluating the high level details of a syndication dea...
I am closing on my first property using FHA, interested in buying a 2nd property.What other financing options can I use?DSCR? What are the pros and cons ?Any other financing options ?
Hi everyone,After reading a good number of experienced investors' posts from different forums, my wife and I have decided to finish our basement for short-term renting. Having said that, we would like to ask for your ...
We will usually get 1 or 2 projects a day from sponsors or brokers asking whether we can get their construction projects financed.We usually subject the project to a quick quantitative analysis to determine whether we...
Hello,I have acquired a few properties before but never have I acquired one from a wholesaler nor have I owned a Section 8 property. I never intended to get a Section 8 property but a deal was sent to me by a wholesa...
For 2024, I will have a significantly higher W-2 income (600k) due to unplanned stock option income (company I work for was purchased). Thanks to plenty of smart people here on BiggerPockets, I have learned that it m...