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Results (2386)
Corbett Brasington Hard lender wants "good faith deposit" after EM paid... red flag?
2 March 2022 | 26 replies

So I am buying a property through a wholesaler, I already put down 7k of earnest money on the property, a hard money lender who I am working with (and got from the bigger pockets lists) asked for a "Good Faith Deposit...

Kat Hughes Sell both properties in LA or not?Any Tax Strategies to offset capital gains?
28 September 2023 | 15 replies

Hi!My husband and I are potentially making some big changes in our living situation in the next 3 - 6 months.  We have a multi unit property in North Hollywood.  A 3bed/2bath front home and a 2bed/1.5 bath duplex behi...

Ryan Montbleau Out-of-State vs. In-State
9 December 2022 | 30 replies

I am looking to invest in my first rental property. For a first time investor, is it better to purchase a home out-of-state with more cash flow or a property in closer proximity with less cash flow? More specifically,...

Orlando Roche New Construction
20 December 2018 | 31 replies

Does any here do new construction? I'm Trying to buy s lot, and I was hoping to get hard money to be able to buy the lot and build the house, than at finish get a conventional loan to pay off the hard money loan. Has ...

Andrew Carlson My tenant might be a prostitute
26 August 2024 | 73 replies

The tenants ‘boyfriend’ leaves the property and oddly enough, another male shows up for a short amount of time. This happens regularly, according to the on-site care taker of the property. There’s either drug dealing,...

Scott Royer Owmer financing structure
12 November 2018 | 10 replies

My tenant of 3 years is interested in converting his next lease renewal to an owner finance purchase and I was hoping someone might have some examples of what they've done in the past. They don't have the cash to do ...

Michael Simmons First investment property-10% down?
29 March 2007 | 11 replies

I'm buying my first rental property. Actually, my first home period. I'm told I have to put 10% down since it's an investment property. Is this true? What other options do I have? I have the cash and I'm definate...

Sharad M. Interesting Fannie Mae flip situation
31 July 2015 | 18 replies

So I have an interesting flip situation. I bought a Fannie Mae house on June 19th and because I am unable to sell it more than 20% before 90 days from recorded deed, I decided to sit on it for few weeks before I start...

Kashana R. Private Money - What's considered a good deal these days?
17 January 2014 | 9 replies

Hey BP...I have noticed a few private lenders in my area offering minimum loan amounts, for example $80,000 min loan amount. They all require a down payment of at least 20% - with points of course. Just wondering w...

Justin Butterfield Tenant problems, looking for advice
6 April 2019 | 9 replies

So I'm a new investor located in Michigan and I purchased my first 4plex about two months ago and one of my four tenants has been a pain on every level and I would like to hear what you guys think I should or shouldn'...