Cole Black
Cash flow reinvest or save for down payment
Ok let’s say I have a mortgage on a house amortized for 30 years. The property earns about $300 a month in positive cash flow. I would like to reinvest this money but would like to know where it’s better off. Should I...
Account Closed
syndicated deals - who secures the loan?
Let's say one syndicates a deal to purchase a $30m apartment building with 25% down;Who is going to secure the loan? Obviously, the sponsor isn't going to carry a $30m debt himself and be the only guarantor Theoricall...
Paul Zofsak
Refinance cash back, what is the limit?
I recently purchased a SFH, did the hard money, did the rehab, and am ready to refinance. Taking into consideration the LTV of 75% and all the other factors I was expecting about $8K back from the refinance. I f...
Ruiyue Guo
Whether it's a discrimination to require tenants' income 3* more than rent
I want to share my real awful experience in recent days for applying for apartment in Chicago !!!I am an international student graduated last December, and get a job in Chicago which start on March 20th. After my hous...
Matt R.
Top cities for evictions and Top cities for least evictions
Evictions suck no matter what. Sometimes I read on BP some new folks are told to look for locations that are easy to evict vs looking for locations that just have fewer evictions per captia. Here are the highest and ...
Wade G.
I sold a property with a wrap and I hold escrow so how do I show the owners their year end payment breakdown
I sold one of my rentals with a mortgage wrap last year. I hold escrow for the buyers. I am certain that I need to provide the owners with an end of year statement showing how much they paid toward the loan amoun...
Brett Schickler
My first BRRRR deal in Rochester NY
Hello, Im currently working on my 2nd deal however this is 1st attempt at using the BRRRR strategy. I have a short sale under contract and I'm set to close at the end of the month. I would like to throw the numbers ou...
Juan Carlos Flores
Hard Lender about fund and grow
hello does any one have been used this hard lender. https://www.fundandgrow.com/? It seems it work as a credit card. Or balloon loan. Someone recomend to me but im old school just to go to the internet and put my in...
Jacob Beg
Did I dodge a bullet or was I too suspicious?
I had a rental application from someone with poor credit. She furnished paystubs showing a very handsome salary and was more than qualified, willing to make two months security deposit and start the lease immediately ...
Charles Montgomery
Forbearance, Forbearance, FORBEARANCE!!!!! This is a MUST-READ
Hi there Bigger Pockets!You NEED to enter into forbearance. ASAP. NOW. You will read why below.Most users on this site use 30 year loans. Now imagine if I offered you $10,000 today or $10,000 in 30 years. Which would ...