Hi all - I am new to Bigger Pockets, and I am exploring several investment options. One option is to buy first position, performing notes. I want the monthly cash flow more than I want to get the property.However, I...
How does one start lending their own money to other RE investors?
I am curious how this process works, what rates/ terms are common? Is this a common practice? Risky?
Looking to learn more about this space
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Hello BP Community, Now that the Congress has passed the stimulus package which extends the eviction until end of Jan 2021. I have a question for landlords out there. Any of your tenants are taking advantage of the ex...
Dear Fellow BPers,
Here is the gist of a recent sheriff sale acquisition that I would need some help with and it might be educational to some of you.
I acquired the property at a PA Sheriff sale through a mortgage f...
Hello BP,I'm a novice investor just outside San Antonio, TX. I've found an older couple that needs to sell their house, but their underwater on their mortgage. The house is in very good condition, but they've refinanc...
Hello BiggerPockets!I'm a 26 y/o second-year busy corporate lawyer in Charlotte, NC with a goal to invest in at least 10 cash-flowing buy/hold SFR properties in the next 5 years. I'd like to net at least $200 per SFR...
Currently have 8 units over two buildings and looking at a bigger acquisition. I found a great 36 unit complex spread over 3 buildings, great shape. Ideal price to acquire would be 1.7m, net profit of $156,000 per yea...
What is a typical loan fee I should expect to be charged by a commercial loan brokerage firm for an apartment building purchase?And would it be typical to be asked to sign a Financing Authorization agreement that has ...
I need to know if I make a substantial personal loan to someone, is there any way to make the loan bankruptcy free? Meaning, is there any way to legally word, etc the loan so that even if the borrower went bankrupt, ...
I am getting started in real estate investing but my wife is concerned about what happens should a deal go south. I have not yet set up an LLC or corporation. Will she be financially responsible if I enter into a deal...