Hi everyone, I'm new to Bigger Pockets, and I have a few questions that I'd be quite interested in getting some opinions on.
For a little bit of context before I get started, I'm a college student in Louisville, KY w...
What should be included in a presentation to a hard money lender? Should the presentation be over the phone or in person. Finally, do HMLs require a down payment on the loan? If so, what percentage of what?
Hello smart investors of BP! Long time listener/reader, first time poster. My spouse and I are buying my parents house to help them out (long story but needs to happen). The house will likely appraise for 170-180K. Wi...
Has anyone heard of this HML? They supposedly lend at 100% of purchase and rehab. Yet, something doesn’t feel right about their communication. I looked up their address at 329 N main ave San Antonio Texas and the area...
Purchase price $600k
Rehab: $100k
Sale price $800k
Gain: $100K
Is it possible to take the $100k Gain & buy a $100K property cash w/ 1031 exchange?
Hello Fellow Brokerage/Investors Community!
I am a commercial real estate broker in Washington State and very familiar with writing offers on investment real estate; however, I am writing an offer on a 50 acr...
I learned something recently about 401ks that I didn't know before and it really threw me off. Now I'm scrambling for alternatives.
I have been working a corporate job for the last decade. During that time I ...
I'm working on closing my first rental property. It was a state owned home that I purchased for $2500 cash. It's going to require about $40k in rehab but will have an ARV of ~$95k and rent for $700/mo. I'm struggling ...
Hello BP!I fell into land lording a few years ago when I moved out of a duplex I purchased due to job relocation. I now own a duplex out of state and have recently purchased my primary residence.Basically I purchased...
I recently purchased my first rental property (Duplex) for $65,000. I had to put 25% down for a 30 year mortgage so I still owe just under $49,000. I do have an investment mortgage on this property because I do not li...