Hello BP,I need some advice. I have the opportunity to quit my job and partner up doing wholesaling full time, we are actually starting to get some deals done now. I am excited about the opportunity, and the benefit...
Hello everyone, I am a new member to biggerpockets and would just like to introduce myself. My name is Crysta, I am 20 living in the D.C. Metro area of Charles Town, WV. I have lived here for many years, yet I'm actua...
I own this paper and the borrower made a solid offer to start paying $6000 up front and $700/month. He has a 6-figure income and can afford it. Here are the other numbers:MV = $50k and decliningUPB + arrears = $211k...
I'm going to be purchasing my first property soon and I'm currently shopping for a mortgage. What are the top or most important questions to ask a mortgage specialist? In addition, how many days can you get pre approv...
As the title implies, my grandmother recently passed away and had a reverse mortgage on the home with a debt of $400,000 house is worth at least $800,000.Main issue is I am self-employed, and my income is really low, ...
Can Seller Financing Benefit the SELLER?
Most “Gurus”, authors, advisors and experienced real estate investors preach obtaining seller “carry back” financing for property buyers in order to (1) obtain financing when ...
Never good to get a surprise call that Fannie/Freddie is pulling the plug on you. Was wondering if anyone has heard of this kind of situation - Credit Score is 730+, Reserves are plenty, and DTI is well within range (...
Where does cash flow come from?I find that most people have never considered this question. When I ask, “How much money do you need to produce, in passive income a month, to be comfortable?” the average answer is $10,...
My wife and I are starting to purchase properties. We bought our personal residence with both of us on the loan. Now we are looking at buying our first rental/fix and I am wondering if we should both be on the loan or...
Hi,I am currently looking to purchase a multi family property with my VA loan. I cant find anywhere that list's the loan limit for multi family. I have found the single family limits and am curious if those limits are...