A Epistemophile
Situation Assessment needed from the kind B.P. Guru's
Hello BiggerPocket’s Guru’s,
First off, thank you so much for taking a second to read this post! It is with a heavy heart that I am in a bind. Pretty much grasping and looking for a Situation Assessment from the kin...
Jay Feldman
Low Doc Commercial Equity Lines Of Credit
Has anyone used a "Commercial Equity Line of Credit" (CELOC?) to refi a group of properties? My thoughts were to have the current commercial (Hard money) mortgage liens released prior to getting an CELOC. I know the h...
John C.
Good book on note buying
Is there a good book/course in buying notes? Can a joe schmo buy a note for a particular house from a bank like Bank of America or other big banks or little ones too for a house that is going into foreclosure or in i...
Maiko Miyake
what is Cashflow ARM loan?
Anybody knows what this is? and how does that differ from a conventional ARM loan?
Sean Moen
8 Unit
Hey gang,Just looking for some feedback on a deal I'm looking at:8 Units w/ Listing price @ $500,000 however, here's what I'm calculating out to:7 Units occupied @ $595/month - 1 unit purposely left empty for showings...
Chauncey Ponting
Mortgage insurance increased! Can they do that?
I have a mortgage on my home through rocket mortgage. I received a letter say my payment is increasing do to the mortgage insurance increasing. Is this legal? I’m assuming it’s because I have a 2.75% interest rate and...
Hogan Underhill
Organizing My Forms and Documents on a Rental
I just bought a house and turned it into a rental. I created an LLC for this property. My biggest confusion with real estate is knowing what documents I need to file and being organized with my property. I feel like ...
Sharon Tzib
Expert Advice - What Evaluation Rules Do You Use
Which evaluation rules do you use to quickly assess a multi-family's (2-4 units) suitability for a closer look? It seems to me the 50% and 2% rules wouldn't be applicable because of the multiple unit factors for some ...
Greg B.
Market Value affect of purchasing below market value
I have a question about multi families being purchased within the same area and its affect on overall market value.If I purchase a multi for $60k with a market value of $100k, another investor purchases a property a b...
Account Closed
JVs & the use of Escrow ac's to protect investments???
Hi Everyone - I've been approached by investors about doing a joint venture for a deal. I would be funding most (if not all) of the purchase & reno costs. My question is, how do people protect that money? Is the i...