Grant Cardone
Multifamily Property Classes (Explained)
Let's quickly cover the property classes. Property classifications were created to make it easier to communicate among investors and lenders to the quality and rating of the property amongst themselves. The class can ...
Nathan Frost
DSCR Loans Please Explain
Hi, can someone explain this to me? Basically give me an example of say a $100,000 home and how this is wise to use that rents for $1200-1400. Verse other loans. Or why one would choose DSCR loan / interest only pa...
Jordan Santiago
SUBJECT 2 DEALS EXPLAINED
Guys, everything I have learned in real estate has came with ease, except understanding a Subject To deal.I am a wholesaler, and occasionally buyer myself. I just don't understand the pros of a end buyer (rehabber) bu...
Joshua Hively
Listing price increases explained
BP Family!! I am trying to make sense of how a property can be listed on the MLS, then a few days later the price increases $10,000 or $20,000. If there was a demand for the property wouldn't the seller just accept on...
Leo Vasquez
Wholesaling REOs - Please Explain
Hello BP - I have a quick question I still have in regards REOs wholesaling. I keep seeing a few guys around my area (Tampa) that wholesale MLS properties. I have access to MLS so when I pull up the property I see the...
Cameron Moore
Replacement Cost Insurance Explained
Many times I have to address the difference between Replacement Cost and Market Value to my clients. Unfortunately, there is a disconnect between Mortgage Underwriters and the actual distinction between the two. The m...
Chad Nick
Final Judgment Amount Explained
Can someone fully explain how a final judgement amount works at a foreclosure auction?For example, here is one that I saw the other day:Final Judgment Amount: $225,551.22 Plaintiff Max Bid: $129,917.13 Amount: $130...
Sajun Folsom
Can some explain this
This is the sale of a participation interest in the First Mortgage secured by this classical late 19th century architecturally beautiful property making it a potential rental or fix and flip opportunity. The Estimated...
Jimmy Bell
Can someone please explain
First, depreciation is a short-term benefit. It puts extra money in your pocket every year while you own the property. But, when a property is sold, previous depreciation deductions taken from the property will have...
Will Biestek
Hard Money Loans Explaination
Hello Bigger Pockets world. I was hoping someone can help breakdown what a hard money loan would look like. I know that every deal is different and everything can be negotiated but how does a hard money loan generally...