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The CRE CarnageThis exogenous and unexpected shock to the economy has proven to be a devastating blow to some and a gut check to others. Seemingly strong businesses have buckled under the unprecedented economic condi...
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Hi All,My 61-year old father recently signed a lease with a 40-year-old Russian woman who had recently moved to America on a tourist visa and started working illegally ((he did not find this out at the time). She move...
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So I'm new to REI. I have a relative who I overheard talking about a prior employees mother whose house was filled to the rafters with junk and the didn't live there anymore. I drove by the house and there is trash on...
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Hello All,This is my first time on a forum, but I am so frustrated with my situation with Home Partners that I felt it necessary to write. I have been renting with them for about a month and the process to get anythi...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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Ok, I called the seller's agent to let him know that I want to make an offer. The house was sitting for 600k, lots of work had to be done on it and for whatever reason the seller needed to close by the 5th of October....
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I would like to become a hard money lender.
I have the customers on both sides and a specific business model. I can sell it.
I have the cash reserves myself to lend, as well as know both individuals who want to fun...
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Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
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I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...
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Good day Biggerpockets,I apologize if this post is lengthy. I think full context is helpful to receive thorough feedback. I live in Florida and am a licensed real estate agent. A year ago I had the observation that ...