I'm getting back into lending and I've had a recent offer for a loan as a second lien position. From what I remember, you want to be in a first lien position. I prefer that to be the situation as I'm just getting back...
Hello All,My name is Phil, a real estate investor in the Chicago/Central Illinois area. I am relatively new to BP but have already learned a ton from the forums and podcasts. I am considering purchasing a condo in cen...
Hey BP!My partner and I are looking to buy our first rental property within the next 6 months and are looking for some clarification. We are ready to take some action!We are looking to get started with a 2-4 unit mult...
HelloMy husband and I are exploring REI in New England. We live in Seacoast New Hampshire and would prefer to invest as locally as possible to start. We've started looking into real estate because we want to use our v...
I have a motivated seller that is willing to sell on terms. Here are the quick numbers: ARV = $600,000 to $625,000Repairs = $25,000Purchase Price: $500,000Mortgage Balance: $500,000PITI: $2,750/moAnnual HOA Fees: $2,3...
First I’d like to say hello and thanks for letting me play. This is my first post and I’m excited to finally get active and be a part of the community. After a good amount of studying and trying to lear, my wife and I...
Hello all, I'm a newbie who just signed up looking for some financial advice.I'm a single person, aged 43, who recently bought a new home in the CA Bay Area putting 20% down left with a mortgage of 720K. My mortgage p...
Aloha Bigger Pockets Fam,My mom and dad have a rental property. It was their first home they bought about 30 years ago now. Lived in it for about 10 years and have been renting it out for about the past 20 years. It s...
Hi everyone- I'm reaching out for some input and suggestions on direct mail. My business partners and I sent out our first round of direct mail about 3 weeks ago. Our goal with direct mail is to find off market fixe...
I am excited to have a duplex under contract that my family and I are going to owner/occupy as we get started with real estate investing. I am also nervous about a few issues I could use some guidance about:We will h...