Shu Zhu
Interested in learning how to be a lender
Hi All, I'm very new to BP and just participated in a BP get together this week in Houston. I'm interested in being a hard money lender, but have never done it. As a licensed agent with a very analytical background, I...
Jeremy Kersten
Buying on courthouse steps
I've heard when you buy a foreclosure from the court house steps at auction that you cannot resell the property for X amount of time to give the foreclosee a chance to buy it back. Something like a few years? Could so...
Victor Sarkisyan
[Los Angeles] Managers trying to evict roommates
Hi Everyone,My friend is the manager for a 5 unit complex, and they are currently subleasing to a roommate and his gf who have been living there for 3 years now. Yes, the owner knows and allows subleases, and this is ...
Eddie Ziv
Lender liability question
I have a situation where I lost a property due to lender's slow processing (This is a major bank not an investment lender)
It's kind of a long one so bare with me.
Back in December of last year, I found a HUD propert...
Christin Prince
Financing with Family via an STR BRRRR
Hi everyone,We are going to purchase a house w/ my mom and would like some recommendations on how to best structure the deal. Given it's the holidays I can't call my CPA and lawyer right now, so in the interim hoping ...
Mark Spritz
Looking for Refinance of personal Home, must understand SOLO 401K
I am having a big problem. Since Dec I have been trying to refinance my personal home. I have now tried 3 mortgage companies and have gone through the whole process only to find out at closing that I cannot sign the p...
Jonathan Barr
Having challenges raising capital during COVID for active deals?
Hi BP community,I wanted to share my experience working on funding my first larger syndication 71 unit apartment deal. I had about almost 3 times the amount needed in verbal commitments. When push came to shove mor...
Gayle Melnick
Question about financing and debt to income ratio
Hi all,
I'm currently under contract for two single family townhomes. These are my first investment properties and I plan to keep them as rentals. They are both cosmetic rehabs.
I'm using conventional financing with...
Account Closed
I just got scammed big time
Well i’m in trouble and if someone have a miraculous solution please share Got a triplex under contract it is worth 140,000 got it under contract at $105,000. Found a private lender on the BiggerPockets facebook group...
Sean Yuan
Strategy with cash investors via OPM (other people's money)
Hi all, I am getting to a point where I would like to start scaling my portfolio but cash reserves of course come into play. I have a few people in my network that would like to contribute cash for a % equity of the r...