I am sending over my terms and requirements to an attorney I was referred to and I wanted to float it to the BP community first to make sure I am not missing anything.
A partner that I've worked with for years has a...
Can someone with a lot for knowledge regarding HMLs , help me in understanding how the Interest and Points work with a Hard Money Loan ?EXAMPLE:Say a HML says they charge 4 Points with an Interest Rate of 12% If The T...
Hi Guys,Phil Fowler here. I'm new to the Bigger Pockets community and have been listening to the podcast for about 3 weeks now. I love the knowledge but after listening to Brandon speak of his deal with on the $1 mill...
Hi BP,I have been reading about this 70% rule for house flipping. I analyzed a few fixer properties here in Bay Area and Sacramento.Honestly, I dont understand how the 70% rule will work.Here is an example:A property ...
I planning to do my first BRRR strategy around next spring, but I wanted to make a few things clear first. I understand the basics up until after the refinance. Once we’re able to cash out after the new appraised amou...
Hopefully someone could help me understand why some listings on sites such as Zillow do not have interior pictures. For example, just looked at a listing with an experienced agent. There are 18 exterior pics and 0 int...
I am quite a newbie. My experience has been in buying and holding, and I've only done it a few time. WIth either my own resources or with the help of an equity partner or maybe a loan, I was thinking about marketing t...
I have been doing some reading on the forum and have seen some close matches to my issue but am hoping for some help understanding our situation.
First off my son purchased a rental property with a mortgage in his n...