I have just received notice that my loan was declined from my conventional bank.
I'm considering approaching the seller about his options for seller financing. How should I approach this?
I know this is generic, b...
Private money, non-bank lenders, also called hard money lenders have always lent money without the need of a mortgage licensing. But the financial reform following the real estate meltdown, namely the Dodd Frank Act, ...
Here on Bigger Pockets it is very popular to suggest that one can make loans through MLOs and avoid any responsibility for licensure and compliance. I have held that since January of 2014 that that is likely a very da...
Good afternoon BP! This is my first post ever here. My post might make you cringe but I am 22 years old, active duty military and I am looking to syndicate someday. At the moment I am learning how to underwrite in ord...
We all know about the 70% rule and how it works. But if your numbers are correct for ARV and repairs, and then have to back out your assignment fee as well. Sometimes its difficult to get your offers accepted beca...
Hey BP, I was just curious what was everyone take on buying rental properties. Do you or would you buy turn-key properties? Why or why not? What do you consider turn key (i.e. already renovated and rented or just reno...
Hello Everyone,My name is Genard (or G.A.) and I am currently in a 9-5. I am brand-new to the industry with zero experience, so I've been looking to research as much as possible to close the knowledge gap. I have foun...
So youre interested in flipping homes like they do on t.v. huh. Well it is a very rewarding career if you choose it. I say career, because flipping in my opinion cannot be done part time like rentals can. It requires ...
My wife and I just moved to San Jose and we are trying to buy our first primary residence in Milpitas, to start a family. We earn a bit more than $225K combined and we only have about $120K in cash. Therefore, we are ...
Hi Friends,
I stumbled across this platform while reading a book about getting started with Real Estate Investing. I'm looking to learn, build relationships, as I begin this journey. I just want to get started and I...