Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
With limited capital, the recommendation is to put a lot of time and energy to find a good deal. How about the opposite case where you have $1M cash, steady income, and high credit score?Would you do things differentl...
Good evening,
I am new in this great adventure of flipping homes and I need some guidance.
I am looking to start with one home at the time using a “limited†budget. I am thinking about buying an existing rehab for...
So I run a full time mortgage business, and even though I’m in an industry connected to Real Estate; I just don’t have the time to become an active investor.My days are long and I’ve got a couple young kiddos at home,...
I’m sure everybody here knows what a cap rate is, if you don’t, a cap rate is basically a measure to understand your rate of return based on NOI (net operating income) the property is intended to generate. In general ...
Assume the usury limit in my state is 10% and that I do not have a license that exempts me from that law. If I loan a rehabber $100k in exchange for a split of the profits when (s)he sells, would a payoff of $120k ($...
Hello BiggerPockets Forums!I am beginning to grow my real estate portfolio. Currently in the process of attaining my first rental property in the Denver market. I have some outstanding questions to see if some of thes...
I have a 6 unit property with a total of 8 individuals living in the property. ONE 2 person family is consistently hogging the laundry facility. There is only one washer and dryer for the entire complex because the la...
Hey BP,I'm in search of guidance/advice on how to best accomplish my REI goal. I'm looking to purchase/control around 10 properties in the next two years in a specific market. The market that I am looking at is a very...
Hi all! I'm buying a hotel and decided to document my entire experience here for posterity, from finding a deal to financing and owner-operating the place. This post will be an "intro" to what put us on to hoteling an...