Does the rise of self employed workers driven by (no pun intended) companies like Uber, Lyft and other app driven service jobs pose more risk than a standard 1099 applicant? Sure some can make 55k a year but some mont...
As you can see from the title, I am a travel nurse who just spoke with a lender and I am feeling so defeated. Right now I am based in Aberdeen, WA and am extremely motivated to purchase my first property, specifically...
I closed on my first deal back on 10/16/24 so I'm a newbie. This deal was found on MLS and is a new construction 4/3.5 SFH with DADU and I purchased on n FHA owner-occupied loan. I only brought 3.5% down to closing...
Just joined biggerpockets and would love some input on our current situation regarding financing. We are looking to pull out equity on the only investment property we have at this time. We were landlords and did a ...
Hi All! I'm brand new to Bigger Pockets and I'm looking for some information in this amazing community. My Fiancee and I purchased a HUD home 14 months ago to be Owner Occupants. We paid 26 for it, it appraised at 54 ...
The hard money loan is considered asset-based financing. This simply means that the person who is borrowing uses the physical property as security in exchange for financing. This type of transaction mostly involves re...
What does a bankrupt, burned out, mid 50's Canadian salesperson do in a doggy economy, a real estate market on the verge of tipping into the soup, do... wholesale, lease option sandwich, residential, apartments etc.,?...
I have a rental home that I now wish to sell. I renovated it after my tenants vacated and it is now totally updated. Unfortunately, it is priced a bit higher than the rest of the neighborhood and it has not sold yet...
1. Not getting a big enough down payment
When structuring a deal, you need to be thinking of not only what will go right, but what might go wrong. You may think you are helping out the buyer when you finance 100% of ...