Victor Cooke
Hello from Michigan!
Hi everybody!!! I stumbled across Bigger Pockets a few months ago from a personal finance podcast I was listening to that mentioned the Bigger Pockets podcast which I then gave a listen to, which lead me here. I have ...
Antonio Bodley
Should I tell seller no?
I had a seller ask me, "When a home is under contract can the seller still attempt to sell?" I was going to tell the seller no it's not possible to do if it is under contract. Of course I don't want the seller to se...
Kyle Plants
Financing question private lender to homeowners mortgage
I’m sure I’m not the first to think of this idea but I haven’t heard of anyone discuss it. My plan together started in my buy n hold venture Is to gey a prIvate loan from a famIly member for tge coast of the house plu...
Johan Adler
Which to pick: Investors or Loans?
When is it beneficial to take on loans versus taking money from investors when flipping houses? I am an aspiring real estate investor who is interested in both investing in other flippers and also creating my own flip...
Josh Koett
Life Insurance- Return on Premium (ROP)
Hello BP Community, I took out a 30 Year Term, $100,000 policy with AAA Life Insurance. Right now I'm paying $36 a month. Presently I'm single, no kids and took out this policy at 31 years old and I've had it for a...
Sanjay Gupta
Can we refinanace loan when it is listed on MLS
We have hard money loan and house is fixed , however we don't have buyer yet so would like to refinance from Hard Money Lender to conventional lender. When we talked to WellsFargo, they said you can't refinance, if it...
Priya Gohil
How to finance my second investment
I need help figuring out the financing options for my second investment.Mid-march I closed on my first buy and hold investment property. It was a long journey, discouraging at times, but I found myself an investment o...
Christian Walker
How much do you pay yourself?
So you hear a lot of people say to pay yourself first, before paying the bills or anything else. How much does one pay themselves? What percent of income? I never really understood that saying.Thanks in advance! Chris...
Dominique Flipping
fair split on a 3 way fix&flip if you the person with the money?
I guy I meet through a friend called me and ask me to partner with him and another guy on a house to flip. they have flipped several properties. This would be my first. they have found the deal and have done the inspe...
Micah Shelton
Tax on Principle or interest from recent pod cast
In a recent pod cast the interviewee stated he lowers the interest on his loans from sellers and increases the price, or shortens the term so as to increase the principle payment. This made it so the seller paid less ...