Hello fellow or beginning REIs, I need advice as I've been thinking of obtaining a multi-family property through NACA due to me having limited liquid funds and fair credit. I'm in the process of credit repair as I've ...
Good morning All,I am looking at a nonperforming 2nd lien and while doing due diligence. I find out that the property is in preforeclosure from the 1rst lien lender. If I were to purchase this not how would I go about...
Hello BP,My name is Matt Koczwara. I am a longtime resident of the Chicagoland area and a new member of the Bigger Pockets community. I have recently graduated from The Ohio State University and I am currently working...
I have a 154 unit apt under contract in Dallas. I had an approval and LOI from Wash Fed through a broker at BMC Capital. Terms were ok. I was only asking for 65% loan and got approval at 6.25 %, for first 5 years and ...
Property: Small MH park
Price: 50% Appraised value
I'm in the middle of very interesting distressed sale on a MH park in Texas. It seems that the owner of the MHP is a little old lady, who had given total control...
Well, closing is set off again on a deal we have been working on for almost three months now. There should be no problems since it's just an insurance assignment to be completed, anyway my son came across a wharehouse...
Hey guys!I am currently 21 years old and graduating from university this coming summer. After having gotten bitten by the real estate bug last summer, I decided that this summer was the time to buy my first rental pro...
Hey my fellow REI's,First off, I hope everyone is safe,healthy and most importantly staying in positive spirits. I am thinking of purchasing my second rental in Cleveland but given that I'm an out of state investor it...
Hello BP community!So this might be a newbie-type question but I have been reading a lot about wholesaling and the process. I seem to have gained a fair understanding about how it works overall but I think the one par...
Hey BP!!! It’s official I have my first accepted offer (phew). I was hoping to get community feedback on the numbers. I’ve got some feedback from my biggest critic, my dad, and he’s advising against it and pretty much...