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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...