Hello BP members,I am currently offered a commercial loan with the following terms;Interest Rate 5.25%Down Payment 25%Amortization 20 YearTerm 5 Year Balloon I'd prefer at l...
So I met with a possible mentor today to help me with the wholesaling process. He said he'd walk me through my deals and pretty much show me the ropes. He also said he's introduce me to a few title companies, realto...
Hello BiggerPockets family!
My name is Patrick and I'm in Birmingham, Alabama.
I am new to all of this so any input would be appreciated. I figure just asking for help as a newbie isn't sufficient; so I developed a...
Hello BP community. I absolutely love these forums and have learned so much since joining BP a few months ago. So firstly, thank you to all that post and help people like myself in their RE journey. I'm hoping to rec...
Hey folks,
I'm a landlord with four properties, and have had bad experiences with property managers. I'm thinking of starting a property management company with "skin in the game". My idea is to sign multi-year lease...
Good evening everyone! So I have been trying to access the HUD webpage but it appears to be down, I'm getting the error "Page Not Found. We're sorry! This page cannot be found. Please visit the HUD Homepage or use ...
Newbie trying to get my mind right and formulate a plan to have $10k passive cash flow in 10 years or less. Because it's a time crunch, and I'm starting wayyy behind the 8-ball, I'm not really interested in equity (ri...
Hey everyone, new to rentals on my end. Im struggling to get my cash on cash over 9% when evaluating 15 year mortgages. I'm looking to build my portfolio of rentals using only 20% down for each. I have solid job incom...
Hey BP! not having much luck getting responses in the forums, but I'll keep trying. I have been thinking about the worse case or "nightmare" tenant situation. This of course involving extensive amounts of purposeful d...
So I'm working my first lease option agreement and have some questions on legalities. First a quick overview of the situation. I am a Realtor and had a referral come to me wanting to sell her parents home. She lives ...