Mitch Stephen
The Art of owner Financing and Private Money Terms
"Why I Borrow for the Terms I Do How I handle the Balloon Payment"I almost always borrow money from private lenders to buy my houses. I borrow at the following terms;$0 Down payment8% InterestInterest Only5 yr TermNon...
Doron Rice
Lender doesn’t allow down payment money to be a gift
Hi,After contacting a few lenders I’ve realized that the down payment money can’t be a gift. Does anyone have an idea how rigid is this rule and if there is a way to work around it. I did receive funds from my parents...
Matthew Irish-Jones
The Best of the Best Real Estate "Cliches"
For my savvy Real Estate investors out there who have attended the school of hard knocks. What Real Estate Cliches have you found to be true, useful, or completely false. Here are my top 3 True Cliches:1. Risk comes ...
Jeff S.
Buy and hold partnerships, one in town...
Being in a low yield area and confined to a daily job (low yield requires job) brings desire for out of town property. As best as I can gather buy and hold partnerships are problematic.
As an out of state investor w...
Kevin Martin
Cash or Credit??
Question: Is it better to use cash or credit to buy real estate? Guidlines:Cash: You have enough cash to buy a piece of property outright. Credit: You are taking a loan with 20% down and 10% interest rate fixed. You c...
Jared Sandler
Hard Money vs Private
Just curious...what are some of the challenges you have dealt with when using a hard money lender vs a private lender? what are the benefits of each?
Dennis P.
New member from Texas
Hello gang!I see that most favorite places to invest in TX are areas arond DFW, Austin, and Houston. What else investors would like to consider?Kind Regards,
Chad Kiel
Hello & Intro from Indianapolis!
Hello Bigger Pockets!!!!
My partner, Nick Wiggins (not sure how to tag yet and I wanted to introduce ourselves here to the community – and hopefully have this be the first of many, many value added discussions. We lo...
Phillip R.
Should I sell my only Investment Property
This is my second post, so forgive me if I don't provide all the necessary useful information for you all to help me make this decision. I've also been running the numbers the last few days, so errors in my cal...
Caleb Heimsoth
Memphis invest review
Hello,
My name is Caleb and I'm still very much new and learning about investor in Real estate.
Recently I have come across a turnkey company called Memphis Invest. I've read most of the relevant threads on BP abou...