I have a question regarding which loan to use for my rental properties. Here is some background on me. I am 51 years old and am just beginning my real estate portfolio. I have a good paying, secure job making 6 figure...
Hi All,I am in the process of selling a property where I will be holding the note for 280k (15yr term, 10%, 5yr balloon). The property is worth 380k and I am getting 100k down from buyer. 10% return is nice on the 28...
Hello everyone I am a newbie trying to get started. I have meet some very successful investors, some that have written books on how to invest in real estate both for flipping homes and cash flow. I have been told that...
Hello BP Family!I am hoping someone can give me a little direction. I am looking to purchase my first owner-financed deal back in my home town in Nebraska. The current investor owns the property free-and-clear and I...
Hey everyone,I’m a newbie real estate investor eager to get started. I’ve been self educating through books, podcasts, and of course bigger pockets forums for the last 6-8 months. I feel that I’m in good position to m...
Help! Need to know. We got a loan for our last building purchase from a bank. We're going to lunch with them tomorrow. Who pays for lunch?
Anyone taken out a rehab loan by Recasa? They seem like they have their stuff together, and accept only very qualified candidates, which is why they claim a 100% payback rate! Wow. They must be uber-selective. It...
Which city do you prefer to invest in and why right now ?
evening all. went to speak to a local bank today regarding a potential mortgage on an investment property. we have our primary home and an occupied rental. they said that the minimum down payment for another home w...
Hi AllWe have a client wishing to utilize a sub2 strategy for several purchased in our market. Fantastic idea and even better deal if we can find a seller willing to cooperate. What is everyone's experience with this ...