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Has anyone ever gotten a loan for a hotel? I'm interested in obtaining a hotel for $2.2 mil and the seller is offering finance for $500k down. I currently have $200k down and was wondering how I could go about obtaini...
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Hello bigger pockets community!
I just posted on another part of the forum that I am currently working on my 3rd deal. But as I am sitting here I realized this is really our (my hubby and me) 4th since we bought a br...
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Hello BP!!I am brand new to the Real Estate investing industry. I work full-time as a medical device sales representative in the Pittsburgh/Western PA/Northern WV markets full-time.Over the past several months, I have...
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I don't know if its the market or what but my RE Insurance has increased significantly in last 2 years. I work through a broker and this last quote struck me as extremely high ($9,000 a year on a 6-unit property in Je...
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Hey everyone, I have a scenario I'd like some feedback on if possible. Our investment group has been approached about acquiring 4 storage unit facilities. 3 in Carlsbad, NM and 1 in Eunice, NM. We've are solely invest...
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Hello BP, My tenants want to add 5 more months into the existing 12 mos lease. Their current lease will end in 2 months. They are very good tenants. I was planning to let them rent until the end of their 5 month reque...
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Most people on Bigger pockets are either use private money or hard lenders. A traditional lender won't finance a home that needs to be rehabbed. If you plan on living there, you could do an FHA 203k but what if you co...
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How's it going everyone! Ever since reading Rich Dad Poor Dad a few weeks ago I have been reading a lot of books and listening to podcasts about investing. Finally ran across Bigger Pockets earlier this week and have ...
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I have a condo under contract with a flipper, who is also the listing agent. My financing has fallen through with the mortgage company I originally contacted. I would like to ask the listing agent/seller if they would...
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I took my real estate license exam a couple of weeks ago and now need to become affiliated with a broker. The reason I wanted the license is to purchase homes for myself. I am not looking to become an active real esta...