Bob Malecki
Higher-Priced Mortgage Loans Impound Requirements
Well, this note biz always has a new twist thanks to the feds. We just got this email from our servicer in regards to a loan that we purchased which is a fully amortized, owner occupied, 30 year P&I note at 12% co...
Lauren Griffin
Need advice before purchasing a 14 unit complex
I need some advice please! I have bought and sold real estate for the last 10 years and I have created a small rental portfolio. I am looking at purchasing a 14 unit complex that was inherited by a brother and sister....
Brent Wilson
Should I Sell My Home or Keep it and Rent it Out?
Hey everyone! I'm new to Bigger Pockets so I'm just trying to get a few opinions on what you would do if you were in my shoes. Background: My wife and I are current homeowners. We purchased our current property in ...
Roy Williams
Chapter 7 Question
Hello everyone. I own 9 lower income rental properties which I bought 6 years ago. It turns out that low income properties are not the way to go and a long story short is that most if not all are under water and not...
Mark Phillips
Buying a Property with Tenant in Place but No Lease
I am closing on a property at the end of the month, and there is a tenant in there that has been there for 3 years. The original lease has since expired, and there was no written provision that the lease automatically...
Alex Brown
Can You Use a Hard Money Lender for Repair Costs?
Happy Easter all!I have a commercial building that I'm currently renovating and wanted to know if its possible to get a hard money lender for the repair cost. I was under the impression that hard money lenders are onl...
Pete Fiannaca
What to disclose? Using a personal loan for Down payment...
Hey friends. I have sourced 3-4 private lenders (family and friends) who are willing to assist with property acquisition via private loans. This would not be for the whole price of the property, so I'm still utilizing...
Luis Orts
NEWBIE @ REI.. Pro @ Construction.. Getting Started in Multi-Fam?
BIGGERPOCKETS!!!! WHAT'S UP!!I've been on the site for a few years (since I was 20, now I'm 25.) but really feel overwhelmed with all the information flowing through the internet on Real Estate Investing, specifically...
Ace Kaspar
Refinancing BRRRR Question
When you cash out refinance a BRRRR that has increased in value, how do you go about paying that back and keep pace to cash out and keep BRRRR-ing on to the next?
Cameron Wutzke
Parents forced me to co-sign for my credit, does this bar me from FHA?
Hey BP community!My friend is in this situation, wanted me to ask the forums about it:When my parents bought a house many years ago, they made me co-sign because my credit score was higher than theirs. Ethics of this ...