As I educate myself on Notes, I would love to know what are some of the strategies and due diligence requirements when looking at 2nd Lien NPN and chapter 7.Here is an example:Sale Price: $8kUPB: $100KProperty Value: ...
I am in the midwest, I refinanced my house and pulled some cash out, I am curious how some of you would go about investing it in real estate (or other means).
Hello BiggerPockets, Looking for, well exactly what the title says, creative real estate financing. My goal is to grow, but to use less of my personal funds than I have done in the past, traditionally. I don't wish to...
My wife and I own a SFH and a duplex, both house hacks. We currently live in one unit of the duplex and rent out the other. We have 2 years of reported rental income on tax returns for both properties. We are moving f...
My partner and I are looking to get started in investing in Fix N Flips. I've been looking into buying homes at Auction. I was wondering if any of you with experience in this can tell me if what I learned so far is co...
Hi, I am just curious about your options. When underwriting a deal, what percentage of Cash on cash return do you think is a good deal? 5-10%, 10-15%, 15-20%, more than 20%.Thanks.
Hey BP. Have a house we're just about finished rehabbing up Duluth way. I'm all in for around $195,000. ARV back in March when I bought it was around $245,000 but the market's appreciated a ton since then and there's ...
I close a “subject to” transaction in July 2023. It was closed to a title company. I have been making a mortgage payments since then on time no problem.The old seller contacted me of course, when they were trying to...
Let's say I found a deal. Hard Money Lender is requesting 20% down and will finance 80% of purchase price and 100% of the rehab. When it comes to the 20%, I heard that the HML wants to always stay in the first positio...
Hi All! Glad I found this place after a friend recommended I join. I currently have 5 rental properties that in total cashflow $422/mo. (all 5) I haven't bought anything in over 2 years because I am struggling to find...