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Results (10000)
Matthew S. Is this passive income idea a good use of my $85,000
4 February 2022 | 4 replies

I’m new to real estate investing and am learning as much as possible right now. 
Scenario: My brother bought a mobile home house/trailer for $120,000 in 2019. It’s realtor.com estimated value is $160,000 (yes Califor...

Arian Mustafa Lender recommendations in the Fitchburg Leominster MA area
3 July 2021 | 11 replies

If you are a lender that covers this area or have dealt with someone in Worcester County that you would recommend.  I am looking to gain another source or two.  CUs I hear can offer portfolio loans with a bit more fav...

Angelina A. Principal Residence as Investment Property?
6 September 2022 | 8 replies

Hello!
I am purchasing an investment property for my elderly parents to retire in.  My lender is offering me a “Family Opportunity Mortgage” option- a special borrower eligibility occupancy rule in which Fannie Mae e...

Radin Mirshahi Appraisal when buying from a wholesaler using hard money
30 August 2019 | 8 replies

Trying to buy a wholesale deal using hard money.Hard money lenders require appraisal.  Wholesalers that I have looked at, do not seem to allow or like the idea of appraisal.  Interestingly, they say you can use hard m...

Account Closed Commercial loan balloon payment
28 November 2017 | 3 replies

I've been looking at a couple 6 and 8 plex buildings in my area as my first investment property and I was just wondering how you all deal with the balloon payment of the commercial loan? There's no way I would have th...

Taylor Rees Question about downsides of transferring property to LLC
23 January 2022 | 10 replies

I have a single family rental property, currently in my name, with a commercial loan that I'm hoping to refi.  For a variety of reasons, I do not qualify for a conventional mortgage, but am able to refi this property ...

Sharad M. Sample promissory note
9 December 2011 | 5 replies

Hello all,

Can someone please email me a sample promissory note they have used with their private money lender? I tried looking for it under the FilePlace, but didn't find anything. My email is in the signature below...

Kayley Neri What would you buy with $300k?
15 April 2023 | 3 replies

Hey bigger pockets community! Here goes my first post! My husband and I will have about $300k to leverage in the next 2-3 months. My thoughts are to put into our non-qual investment and then leverage as a fully secure...

Jake Smith Building a long term buy and hold strategy
30 May 2023 | 6 replies

Hello BP,
Im looking for ideas and input on building my long term buy and hold strategy, 
My goal is 500,000 per year net cashflow in ten - fifteen years through long term buy and hold rentals with a medium risk tol...

Carlos Romano Potential tenant with a recent late payment
26 July 2023 | 6 replies

Hey All, 
Without going into too much detail about a potential tenant, i'm wondering how to evaluate the reaseon a recent (July 2023) late payment for an applicant. 
The combined applicants (2 adults) have 4.7x rent...