I made an inquiry with Quicken loans online. I was surprised to hear that they will not refinance until 6 months after the initial all cash purchase. This is the first inquiry I made because I am preparing to start i...
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Hello Bigger Pockets, I am writing this afternoon seeking advise. I made a mistake while purchasing my 2nd multi family with the water meter. Long story short the inspector and myself did a bad job of fully understand...
Starting my first flip. ARV is 190,000. Got the house for 100,000. Rehab estimate is about 30,000 if i pay a contractor. I had a contractor walk the property and said material cost is about 10-15,000. I plan to live i...
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I have refurbed a 1/1 duplex that is ridiculously large to be only one bed. It's a B/B- prop in a C but improving area that is starting to attract some hipster/artist types.
I just rented a nice 1:1 on the s...
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Hi Guys, Would you take 2 Million Cash or 120K/Year Passive Income for Retirement?? And Why? I personally prefer Cash flow because then I can retire early? What do you guys think?
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Hello Everyone,I am currently looking at putting a property under contract that can be converted into an apartment building. The thing is I don't know how I'd go about finding a buyer for it once it is under contract...
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Hey BiggerPockets Community,I ran across a sparsely worded ad on my local Craiglist and was hoping someone could break down for me what is being offered by this individual. I'm not looking to invest as much as educat...
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I need help deciding what to do with my commercial building. I have a 3,000 sqft (plus full basement) commercial building in what I consider to be "B" area. I'm split between "converting" into 2 retail spaces, or an o...
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I’ve been reading a book on futures and derivatives. As I was reading about futures they used examples of things you might write a contract on such as bushels of corn, etc. Right now oil markets are so flush with supp...
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-You pay off the interest from the loan monthly and then have a balloon payment with the amount the load was given.
Example: I get a 100k 18 Month loan at a 15% interest rate (115k total 100k loan 15k intrest). So I ...