Nikolas Engel
Walking the mortgage - thoughts and experiences
Hello all,is the transfer of mortgage to a new property a tool in your financing tool box? What are your thoughts and experiences on walking the mortgage? I just read about it and would like to understand more, especi...
Avner Midory
Profit splitting in a flip with multiple partners
Note: The numbers are not real, they are only for illustration.
First of all I'm glad I found this site, it is really interesting and helpful.
In short:
We bought a house for 200,000 to flip it. We are 3 partners. ...
Joaquin Camarasa
Tenant as my Airbnb manager
Hi all, I just purchased a fixer upper that I will be house hacking and rehabbing. I will be renting the basement and I am also turning the garage into a living space with private entrance and a small backyard, a litt...
Alfonso Aceves
Private financing.
So a RE agent called me to offer me private financing. He works with a group of investors. But their terms are a 5.5% fee of the sell price, 10% down, and 10% interest. It is expensive, but with this financing, I plan...
Tommy S.
BRRRR financing strategies on tenant occupied properties
Have an opportunity to buy an off market deal at about 75% of ARV less repairs, but the property is tenant occupied for the next 9 months. Are there financing strategies for situations like this that don’t lock up you...
Tucker Cummings
Deal First vs Funding First
I haven't had much luck in attracting Private Money Lenders. I've tried networking with them, but most don't seem to have the time of day for a newbie investor who hasn't done any BRRRR deals or flips yet (understanda...
Joe Nagle
How to become a hard money lender?
I am currently an investor in the Philadelphia market. I have several rental properties paid off and was Interested in refinancing them and loaning the money at a higher interest rate. How do I start? What are some th...
Vahe Ohannessian
11-Townhouse Ground Up New Construction - deal found on Bigger Pockets
Investment Info:
Large multi-family (5+ units) other investment.
Purchase price: $600,000
Sale price: $4,200,000
Purchased land with existing 3 rented townhouses (separate building) and approvals for...
Sara Donohue
Need Advice: Creative Financing for $100K Land Purchase
I’m determined to buy in an area I love for a second home or a buy-and-hold investment for my kiddos one day. There are a couple of $100K lots available, and I’m trying to think of alllll of the possibilities. I have ...
Claudio Salvatorelli
Seller financing ideas
Hi BP Community,
We recently came across a triplex in San Diego currently listed for over $2M. Debt Service for that loan is about $400K and the seller is in need of paying that balloon loan ASAP.
Any ideas on h...