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I currently own 70 acres of land free and clear near Willow Springs, Missouri. I am looking for a lender from whom I can get a personal line of credit similar to a home equity line of credit secured by this land. Howe...
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Hi
I am about to purchase a home cash that will take me about 3 weeks to renovate. I am sure I will have a contract within the first two weeks of listing it. I am worried about the old 90 day rule that alot of...
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Hi all,I've been having a hard time understanding some pretty fundamental knowledge in real estate. I've read some posts about the importance of equity in a property, especially for wholesaling and flips, though my qu...
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Hello BP
When looking for a conventional mortgage from a local bank, would you bring Comps with you? I am still working to purchase my first investment and when talking with the lender it seems like it could reduce th...
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There is a multi - million dollar property in my town that I have had my eye on for months. The owner just went to jail (long story) for 7 years, and I know that the bank is going to foreclose. But I don't want to w...
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So hello BiggerPockets I have a question about Sheriff's sale or House auctions , like when they do the opening bid in NJ I noticed they do opening bid at 100 but say there max bid will be let's say 170k. The layer or...
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Took a trip down to Baltimore today, to check out the possibility for growth and development. Enjoyed the city, but noticed a great deal of potential for housing. I was wondering if anyone would be able to give me tip...
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I soon will have 10 properties which are either refinanced with conventional loans or bought with conventional loans. How do you guys scale it up after ? Is finding a portfolio lender the right idea ?
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Hey Biggerpockets,
I am going to start going into banks this coming weeks with numbers and a plan to purchase a 5-10 unit apartment building. I'm new to this so I wanted to ask BP: What do you all think I should bri...
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NJ requires an interest bearing account. My commercial bank just quoted me $1400 per year to have online service to do this for my 12 units!!! How do other midsize landlords with escrow requirements handle this? The b...