Helena Goyvaerts
BRRRR - Experiences with the refinancing part for non US-citizens?
Hi guys, We're landlords here in Belgium, but are planning on investing in our first BRRRR in Detroit soon. For the refinancing part, we're wondering if someone has experience with loans for non-US citizens? What are ...
Rich Welling
Need Advice - In a tough predicament
I own a business in a small strip mall with 5 other storefronts. My landlord has been having some serious financial issues, and had stopped paying the mortgage and taxes last year. The bank holding the mortgage exer...
Brittany Villamil
Loan officers??? What for?
Hey! Is it best to work with a loan officer??What are the pros and cons?What are my other options?
Louise Whidby
Equity definition in RE
I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
Kirby Davis
Commercial Loan Broker / Bank Recommendations
Any recommendations for commercial loan brokers/banks for investment property in Tennessee and Arkansas? Looking at multi-family properties - 10-100 units. Will purchase with down payment/loan, value add and refi in 1...
Kyle Scofield
Bank Relationships
What does everyone think about establishing a relationship with a bank BEFORE investing? Like just walking into a local/smaller bank and introducing myself to them and what I want to do in this area? Talking to them a...
Chris Ryan
Using line of credit for down-payments?
Hey Biggerpockets, I've dabbled in residential real estate for a while but am thinking about moving up to commercial. Hoping to get some clarity on the commercial lending space. Here are two scenarios to help explain ...
Ryan Canfield
Banking Relationships
Hi BP,I'm looking for some advice, if I plan on going into a few local small banks over the next few months in hopes of building a relationship or two that I'm hoping to need about 9 months from now; what documents sh...
Adonis Williams
Bank Statement Loan
Hey all. I have three homes and am looking for my 4th. I am looking to leverage a non-QM loan product for my 4th purchase and I want to use a bank statement loan and I would prefer for the LTV to be about 90% (I heard...
Nikhil Pajankar
What tools do you use to manage multiple properties?
Hey!New to biggerpockets and looking into purchasing my first rental investment property. Curious what tools people use to manage multiple properties. Specifically:- Do you have a separate checking account for your in...