I’m about to put an offer in on my third unit in Springfield, Illinois. We are going to pay cash for a fixer upper and use the BRRRR method. I am looking for that rockstar loan officer that will give me the best possi...
Hi all,I have been studying the BRRRR method for a couple of months now and am moving pieces around to start and execute on that strategy. One question I had was - Regardless of location, what happens if the market go...
Hey Everyone!I recently came across a property that I would like to purchase as my first property but I am having trouble finding the "working number" (aka the number that makes the property a positive purchase). I am...
Need some assistance with figuring out an offer; a gentleman who owns some residential and commercial properties wants to sell one of his cash flowing property in order to jump into a bigger deal on the commercial sid...
I know its all about comfort and do you have enough reserves. I just want to know where everyone else is at if you don't mind sharing. We own $1,075,000. in real estate and owe $580,000. This includes personal resi...
Hello everyone on BiggerPockets!I've been interested in REI for some time and with COVID closing down the restaurant i was working at and causing my career goal to become a nurse to be postponed for a year a half i fi...
Hello I am 19 years old and would like to invest in real estate. I am still gathering as much information as I can as far as financing, how to choose a home, how much I should save up, creative financing, location, et...
I have a Quadplex im looking to buy and until recently was going to secure bridge loan into refinance once rent stabilized. However, after negotiations and more conversations with the seller, he is willing to carry an...
Looking into doing seller financing and had some questions.
What is a typical accepted loan time with seller financing? I know it may vary but looking for an average.
Once you do that, is it me that arranges the pr...
Hello all, I have a friend who is a US citizen living/working abroad (Hong Kong) and wants to invest in US real estate. He wants to buy with cash, but also wants to extract equity using cash out refis after 6-12 month...