So I just wanted to tell my story a little here, it's a long one and I have already made mistakes. This is long, I have a TL:DR at the bottom. About two months ago I started this journey. I have been wanting to get in...
Hi there - After much research, learning and observing, I am ready to get off the side lines and start building my portfolio!I am primarily interested in creating passive cash flow though buying SF rentals and have be...
My grandfather passed at the end of August with a reverse mortgage in excess of $850k on his home that was recently appraised at $585k. HUD has informed us that they'll accept a short sale for 95% ($557k). I had the t...
Has anyone used the company Do Hard Money? I’m very interested in their 100% financing option but, as I’m sure you can imagine, see ALOT of red flags. But they claim to have lots of success, so I figured I’d check in...
Hello All!I'm about to close on my first deal. I found an owner-financed 8 unit, and we're writing up the contract this week. As the property is about to change hands, I've started thinking about how I'm going to coll...
The bigger pockets community has been nothing but amazing for me thus far. I have not posted a whole lot but learned so much within the last 1-2 years from listening to podcast, reading books, and posts. For a while I...
Fellow BP members,I am trying to get a sense of the future appreciation possibilities in Saint George, Utah for single family homes and also to get a sense of how solid the renter/tenant population is in this area. I...
If I buy a property, sell it on terms and decide to sell the note 100% I know I am selling an asset. If I hold back say 20% of that same note, is that considered a security? I heard the idea this morning and the first...
I was denied a loan to purchase an investment property using quicken loans. They said the property value must be greater than the loan amount, have a low income to debt ratio, and have enough reserves.
The property ...
Hello Biggerpockets!I am looking to invest in a multi family home in Florida. I am open to partnering/ funding a deal. I am a newbie real estate investor who is very eager to learn! I am a doctor of physical therapy w...