Sean Haley
Anyone have experience in Owner Financing?
We have tenants looking to buy a house, and we were considering selling them our rental with a lower interest rate than current market rates.Does anyone have experience doing this? What are the risk? How would you go ...
Lance Cummins
How should I approach a wealthy family member to be my PML?
Hi BP,I have a wealthy family member in the construction business and I am considering talking to him about possibly being my private money lender.I am looking for advice on how to pitch the idea to him.
Mike Nelson
Question about bank statements for REO offers
Was wondering for the guys who have the cash. Say you have an REO you wish to make an offer of 85K. How much do you feel comfortable showing how much you have on your bank statement? In otherwords if you had 200K i...
Mark McDonnell
Q re: proof of funds
Apologies in advance if this question has been addressed, or answered, elsewhere in the Forums. (If it has, I wasn't able to find such an answer.)
My wife and I are new to REI, doing some wholesaling in South Florida...
Thomas McPherson
Common Mistakes in a BRRRR
Hi all, I want to start the conversation about common mistakes when doing a BRRRR. Here is my short list:
Overestimating the After-Repair Value (ARV):Investors sometimes overestimate the future value of a property a...
Veronica Veiga
HELP, trying to get a second investment property...
Hiii, I currently own a duplex that I am house hacking, I have had the property for two years now, its an FHA loan at 2.7% therefore refinancing is not an option at this time. Bought my home for 640K worth 810K now, r...
Olvin Pettway
New Investor Needs Help Finding MLS reports on Retail and SS comps in Oakland County MI, and REO Investor Friendly Agents
Hello,
I am a new investor, and need some help or direction. I want to place a few offers, but I am having trouble obtaining MLS's Retail and Wholesales (REOs and SS) reports from agents. Where can I find t...
Paul Schaefer
What is the definition of a cash buyer?
Is a cash buyer only someone who has liquid cash? Is hard money or private funding considered a cash buyer? What is actually considered a cash buyer?In my very limited experience, it seems that cash buyers are more ...
Gregory Tam
Looking for Help Entering Real Estate
Hello Bigger Pockets Forums,This is my first post to bigger pockets so please bear with me. I’ll start with a quick introduction.My name is Gregory Tam and I am a 23 year old recent college graduate. During my time in...
Rolanda Eldridge
Commercial loan...The bank said nooo!!!!, What?
OK, BP, I need some options. I'm frustrated, but will keep it moving!!! Any insight or suggestions...
Requested commercial loan to refi 5 SFR(50K each)..small 15K private on each, seasoned in Business Name,...