Getting feedback on a situation.Transaction of 4 million and buyer is putting down a certain percentage. Seller is agreeing to carry back 5% second of 400k fixed with a 30 year amortization for 2 years.Sellers comment...
I am doing a deal where I am lending 90K to a group. I am looking to attach a 30K mortgage to three investment properties they have with sufficient equity.Any idea on how much this would cost?They offered personal gua...
I'm selling my house and moving to another state. I'm considering becoming a private lender with some of the proceeds. Is there anything I need to be aware of?
Due to the fact that the country is currently in a recession due to the pandemic, financing is harder to get. The good news is that lenders are still lending money.
To begin with, there are multiple financing opt...
Please tell me if I'm right about this. A Syndication is when you have investors that are silent partners in the deal. They are receiving a return solely off the knowledge and work of the general sponsor. Because of t...
Hey guys! It's HAPPENING! I found a deal and I have a hard money lender ready to go. All we have to do is pull the trigger. BUT with the current state of things, there are a few hiccups that worry me. The property in ...
Hello people of Bigger Pockets!!!Reaching out for advice, referrals, tips and trick, raw criticism and everything else above.My wife an I have a goal to get eventually start investing into small to medium value add mu...
Assuming I can purchase, rehab, rent and refi out all cash outlay while retaining 10-20% ARV equity while the property continues to support > $100 a door / month cash flow after expenses. Tell me why it doesn't mak...
I have a few properties- some I’ve rented to section 8. All of my properties are above the standard for a rental- falling into a luxury product. I have had issues with a few of my section 8 tenants in the past. Right ...
I bought a house three months ago to use as rental. I furnished it hoping I can try out airbnb while posting my rental and waiting for prospective tenants. But I am not liking this airbnb as I am not in the mood of ho...