Ed B.
Is it necessary to pay loan fees upfront?
I'm applying for a $125,000 construction loan. Lender wants 1 pt. and is offering 5%, due in two years.He wants the 1 pt. ($1250) upfront. I told him I'd prefer it be deducted from loan proceeds. He claims it's refund...
Aaron Jones
How to sell my rental
Not sure if this is the most appropriate forum but...I have a rental with a low return on equity that I need to sell. The buyer will most likely be an owner-occupant, as the numbers don't really make sense as a rental...
Edward Terres
Moving to the Chicago area!
I am a newly licensed real estate agent in Hawaii although I am moving to either lakeview or rogers park north of Chicago. I have been listening to the podcasts everyday since I learned about BiggerPockets. I am so e...
Christopher Johanski
FLIP FHA-REVERSE ASSIGNMENT???
A real estate attorney who is a type of person who is "solution" oriented and thinks out of the box, told me that I could do a "reverse assignment" to alleviate the seasoning issue when flipping to an FHA end buyer. ...
Eric McCarty
BRRRR Method with 100% cash vs financing
Hey AllI've been doing a lot of research on different investment methods and have mainly been focused on the BRRRR strat. Reading David Green's book, he stresses in the beginning to use cash to fund both the purchase...
Sherry Lewis
Using Speculation in Contemplating a Deal
I have located a possible deal that could be the "diamond in the ruff" scenario but it is partially based on speculation. How dangerous is it to proceed and what are the chances of finding a money partner that is wil...
Adam Johnson
Graduate from Wisconsin
Hello! My name is Adam Johnson. I'm was born in Janesville, WI and also lived in Wausau, WI. I just learned about real estate investing over Thanksgiving weekend 2013 while talking to an investor I had just met. He...
Benjamin Lin
Newcomer from Los Angeles
Hi Everybody!My name is Benjamin Lin and I am new to the world of real estate investing. I am in my mid-30s, and started learning about investing about 6 months ago. I started with reading the BiggerPockets forums, an...
Edwin Duran
Robert G. Allen No Money Down !?! Is It Possible ?!
Hello BP'ers
So I just wrapped up reading Robert G. Allen's book "Creating Wealth", and I was really intruiged by his methods of financing his deals. He is really trying to drive home the point of finding win...
Scott Brewster
How would you split a flip?
I am teaming up with a realtor friend and a contractor friend. I will be acting as the private lender for the entire purchase/remodel, the realtor will be our deal finder/seller and be paid commission, and our contrac...