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Results (10000)
Darshan Patel Whats my orginal Cost or Basis
13 April 2019 | 5 replies

I was trying to wrap my head around what my tax basis would be for a property.  Because i refinanced it from my LLC (multimember to my name), and sold it in few months, what would be the property original cost basis? ...

Nick H. What would you do with 80k?
5 April 2019 | 9 replies

Thanks for reading my post. My wife and I are finally in a position to cash out on our equity and continue on to the next investment opportunity. We basically did a live in flip without knowing we we're doing it. We c...

David A. Lenders for an FHA 4plex with 3.5% down?
3 September 2019 | 12 replies

I've been running into a wall where the lenders I've contacted about getting an FHA loan for a multifamily will only work with duplexes maximum with a 3.5% down payment - for a 3/4-plex, they require 20-25% down. From...

Codie Fisher New to Bigger Pockets
7 October 2019 | 20 replies

Hello! I am new to Bigger Pockets and just wanted to introduce myself. My name is Codie and I am in the Oklahoma City market. I am a commercial lender and a new investor. I am originally from Houston and have family t...

Henry Offiah How to Vet a private/hard money lender
29 August 2019 | 5 replies

Hi BP,
I'm looking to buy a deal and its a bit bigger than what I have in reserves to buy it cash and refi out later.
i have just recently bought my first deal cash and will BRRRR it. though its a light BRRRR becaus...

Joe M. Can you please help me understand private money?
1 August 2019 | 8 replies

Hi BP
So can you please help me understand private money for long term buy and hold rentals?  I know this is pretty general question but are there a few traditional ways this commonly work?  Does the lender usually l...

Makan Ahmadi Should my wife and I keep renting or look into buying?
22 August 2019 | 12 replies

Hello Everyone New here and been juggling the idea of doing some real estate investing. but not sure what directions to go. My wife has student loans and we are currently renting. We did start saving a few months ago...

Matt Thompson Junk Fees on my Refi question
3 March 2009 | 6 replies

I am doing a refi on my house, and just recieved my paperwork from the new bank in the mail. I got a 4.75% 30 yr fixed on my house. I owe $352,000. I am going through the new GFE, and there are a few new fees that...

Stephen N. Has this ever happened to you guys before?
20 May 2009 | 8 replies

Ok, i am a newbie so I'm sure I made some mistakes which are pretty stupid, but I don't know what else I could have done.

Here is the scenario. On April 21 I put a cash offer on a REO that was just marked down to $3...

Jordynn W. Investors Buying FHA Short Sales
1 April 2011 | 8 replies

We recently learned of Wells Fargo restricting investors from purchasing short sales. Has anyone experienced this with other lenders who hold FHA loans? Is there anyway around it?