So as I get into the journey of learning more about rentals and trying to hold properties instead of only wholesale them. One thing me and a good friend of mine were talking about is how there is a possible downturn (...
If you are new to property investing, you may be familiar with the term “hard money loan,” but you may not be aware of how it works. In general terms, hard money loans come from a private individual (or group of indiv...
Hello yall, What is the best way to make/format a loan if there is no physical property attached to it. For example, giving a loan of $15,000 toward the repairs or purchase of a potential property? What type of contra...
Hey guys,I’m in a tricky situation. I have about 40k in student loans. They are divided up into 3 private loans all with interest rates ranging from 8% to 11%. As you can see the rates are extremely high. The loans ar...
Hi Everyone! Happy Friday!
Question about a HELOC:
My husband and I currently own 2 duplexes and have a triplex under contract. We are using a conventional loan to cover 80% of the deal. For the remaining 20% + cl...
Hello everyone I am a 25 year old investor in Indiana. I currently have 5 single family homes right now. As a young investor I am very driven to get more properties. My question is how hard is it to get approved for a...
Hi yall,
I am a college student studying civil engineering, I have a job lined up for after school but I still have one more year of school after this year.
I am thinking why not but a 4 bedroom house and live in it ...
Hey Everybody, new to biggerpockets so I apologize in advance if this is a rookie post but hopefully someone can help the situation I've run into. ThanksA borrower I refinanced 5 out of 15 investment properties for a ...
Dealing with hardmoney lenders
Where to draw the line
Assuming the following expenses in a Real Estate Retail Transaction from end to end
Buying a property expenses
Purchase price
+ Acquisition Expenses (Purchasing...
Hello everyone, I am in desperate need of assistance. We are buying our first house. We've been waiting 6 months to buy our dream home. The seller's bank wants us to put a deed restriction so we cannot resale for 90 d...