Frank Teshima
Using private lender's HELOC to fund 100% purchase price.
Hey everyone, I have found a potential private lender to fund my deals, and i am wanting to use their HELOC to purchase 100% of the property. I am having a hard time trying to figure out how they would make money. I a...
Brian Mackey
What to look for in owner finance deal?
Hello,Potential Deal - Owner FinancePrice - 180-200kDuplex - both sides are a 2b/1baWould need about 20-25k in remodeling.One renter on one side, the other side is the owners niece that is just paying the utilities (I...
Veda B.
Closing costs in Texas!
Hey Texas BP!Just got pre-approved by my first lender and I have a question related to our closing costs.I'm planning on purchasing a duplex for around 280,000 with $10,000 down using an FHA loan. After accounting for...
Justin Owens
Properties with Private Well or Septic Tank?
Just asking for your general opinions. Here in Indianapolis there are large pockets that have Private Wells and Septic tanks.My own home included on is on Septic tank, but we have city water. I've never really had a p...
Account Closed
I saved $10K. What are some realistic options?
Hello BiggerPockets,I'm new, but I'm hoping to become a regular. Some quick background on me, I'm in my late 20's, single, work long hours, and am currently purchasing a single family home. I recently refinanced my pr...
Scott F.
Mobile Home Park – what to look for?
Mobile Home Park – what to look for?I’m interested in acquiring a mobile home park in Michigan. I’ve owned plenty of residential, commercial and industrial properties, but never a Mobile Home Park. So I’m looking for ...
Jordan Butz
Multifamily repairs, renovations, and remodels in Huntsville, AL
Hey BP I have been scanning properties again and did a drive-by of a property in my neighborhood and it was a fourplex in my neighborhood that was in desperate need of some TLC. The grass looks as though it had not be...
Austin Hughes
How I Make Allies Out of Enemies
Quite honestly, I have no clue how I do it, but I do. I make people who think they hate me, at least like me. There was an investor who, just last month, called me for no reason and cussed me out over the phone, then ...
Gareth Fisher
Debt Paying strategy
Im looking for creative ways to accelerate my mortgage. I don't want to use my cash all at once, because I want to keep my reserves high.So I'm looking at ways of getting cheap cash. Im thinking of taking a cash...
Jay Sechowicz
Hard money lending
Hello all,I am looking to find my second property and am thinking about the possibility of going with a hard money lender. I just don't know much about how it works. I've read articles and what not but have not really...