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I am a realtor working in the San Francisco Bay Area and a frequent listener of the Bigger Pockets podcast. A phrase I've heard several times on the podcast as well as in the forums and at meetups is "investor-friendl...
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Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...
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Particularly in the California and Arizona real estate markets, where bidding wars for investment properties are the norm, real estate investors can’t rely on banks to fund new purchases. Although some real estate inv...
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Hello BP, I'm planning my business and designing my strategy, which will be to primarily fix and flip while holding on to a unit here and there to keep as a rental. This is the model that most excites me. I know a lot...
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Peace to the forum. So my partner and I recently got pre-approved for 224k from a direct lender and he suggested that we get an FHA and put around 7k down on a property. The problem is we’re short on the money. I aske...
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Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
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Can anyone provide their opinion on using Auction.com? Last week I found a home by auction.com, went to the house to check it out and decide to bid on it. I ran the numbers and the plan looked great. The auction was s...
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Hi everyone! I am licensed broker, licensed contractor, and fix+flipper with 10 properties bought and sold for profit, with #11 closing March 15th. I am new to bigger pockets! I am starting a wholesale business and am...
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Quick question. If I purchase a property with some cash back at closing, do I pay the higher price and then the seller gives me a check for the cash or do we take that out of the price at closing?
Example. ...
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read an interesting article in business journal while I was at title company waiting to sell a prop.rush for permits in PDX last half of 2016 to beat the Inclusionary zoning rules.. IE 20 % or so of any new apartments...