Mike Landry
First investment property since joining...financing???
I plan to purchase my first single family rental this fall. I have realized that I need to buy CASH from a wholesaler, foreclosure, or stumble upon a great deal myself to even come close to my target rate of retur...
Dan Marro
hard money lending Q's
Hey guys, question about hard money quote, please advise:My quote for a loan of ~ $168,000, my first flip9.5% interest rate (I understand)Closing Costs- 1.5% Origination Fee (I understand)- $1,495 flat rate Processin...
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Trada Properties...anyone ever bought a 4 plex from them
I am considering buying a 4 plex from trada...they build it new and when its ready for occupancy you start your mortgage... :pup: :shock: :D :goofy:
Michael Buckley
Westfield, Massachusetts - Newbie
Hello everyone!I am a newbie from Westfield, Massachusetts. I bought my first multifamily 6 months ago. It's a beautiful $225k, 2 family, that's within a 5 minute walk of the city center. I bought it on a 30 year, FHA...
Todd Tyler
Newbie, Clueless on working with realtor, Am I doing this right?
I would love your input and help with this. Here’s the story. My partner and I are looking to invest in our first deal. We live in Los angeles and we are looking to get a duplex in the Palm Springs/Coachella Valley...
Robert Freeborn
No, that is NOT a great deal!
Am I the only one who is tired of seeing these "deals" in the market place, or from other sources, advertising "amazing deals" that have barely any meat on the bone?I suppose this is mainly an issue with wholesellers,...
Tarek Soliman
Help in subdivide land,how many houses and type of floor plane.
Hello Bigger Pocket community (the best real estate community)I some guidelines for the necessary steps and rough estimate to subdivide and decide what floor plane fits in this lot. I am planning to purchase a land o...
Aaron Matassa
Rental Income Tax - avoid?
Hey all. I searched for an answer here but haven't found it. If I missed it, please let me know.
I'm in the planning stages. What I would like to do is get a multi-family property and collect rent (gasp!)
But when...
Ilya G.
Using cross-collateralization as a method of down payment
Hello,I have several SFRs that have lots of equity in them and I wondering if anyone used a method of cross-collateralization to pledge the equity as collateral, thus avoiding doing a cash-out refinance or HELOC. It s...
Kyle Kurt Gabriel Smith
Financing is more difficult than Quantum Physics!!!
Dear BiggerPockets community,
I have a PhD in Theoretical Chemistry/Quantum Dynamics... https://pubs.aip.org/aip/jcp/article/142/24/244112/74387 ... and I literally designed and built my own house off of 30A in Flori...