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I am talking to Builder Banc about a potential investment property refi and I am trying to find someone who has used them before. Has anyone had experience with them?
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Why YOU should become a hard money lender:1. VERY limited risk if you underwrite properly2. returns up to 60% per anum or more3. easy easy investment--just collect mailbox money4. much LESS work than being a landlord5...
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I am very upset at Wells Fargo Bank. We had been with the former banks Wachovia etc. since 1989 and NEVER had any late payments on anything!
Now Wells Fargo Bank - CEO John Stumpf recently received $25,000,000,000.00...
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Hello Bigger Pockets. This is my first post. I recently lost my job here in the Bay Area in CA. And I am at the very beginning of my exploration into passive income by investing in rentals. I have a house that I inher...
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I had months like this (STR dream)Also had months like this (my cleaner's STR dream)and also months like this (where is my guest?)but after all that, I learned that you don't need to stress about your bookings but jus...
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Hi Everyone,Does anyone have experience or frustration with CMHA not paying back rent during the inspection period? In my scenario, Sec 8 came out to do their inspection on the property around end of March but it didn...
Hello fellow Canadians, I had been investing in US mainly due to their good web infrastructures on finding deals and managing them through property managers. However, with the financing structure of being a Canadian ...
Good morning BP. I've been browsing on how to become a real estate developer and am looking for some insight. I've been working on a project to tap into the evolving tiny house market and have ZERO clue as to what a r...
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I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
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Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...