Rodney Wright
Loan from a private lender
#1 The proposed loan amount shall be up to 130,000#2 The proposed transaction will have a down payment of 41,250#3 The proposed loan Loan-to-Value (LTV) shall not exceed 80%#4 The proposed loan term shall be 5 year...
Daniel Emison
Multifamily property management Little Rock
Hello, I am looking to buy small multifamily 10-20 units in central Arkansas area. I am mostly looking in the Little Rock area. Does anyone own similar type properties in the area and have a recommendation for a gre...
Bob Jones
40,50, and 60 year loans
I know these may not be a every single property decision type of thing but they could be tools put to use lower payments equal more cash flow so you could make somthing work that way.How do you go about finding these ...
Michael Sykora
[Calc Review]: Renting Current Property vs Selling and Buying New
This question is rather broad and understand the answer will depend on everyone's situation. There I'm looking for some guidance on figuring out how to calculate the numbers rather than a simple "you should do this" ...
Nick Noon
First Pre-Approval Success!
In case you didn't read my introduction post, I was meeting with my mortgage lender this week to see how much I could get pre-approved for. I was nervous because of my high student loan debt that runs me about $1,100/...
Daniel Dietz
SDIRA, Partnership, and changing percent ownership?
Thanks for the responses to my other questions in this forum so far as I start my Real Estate Journey.
What I am specifcally wondering about today is "Percentage Ownership" and if it can change with the same...
Jerry Kisasonak
Flipping "Subject-to's" Question
I heard of the strategy of flipping subject-to's. My understanding of the concept is to identify a motivated seller with a nice property with a good loan with little to no equity. Offer the seller 1-2K to get out of p...
Craig Coulson
How to learn values of properties in a new city
My name is Craig. I just joined biggerpockets and I'm really impressed by what I have seen thus far. I have a situation that maybe someone can provide some advice on how to approach. We bought a house in St. George...
Leigh Ann Smith
Self-directed IRA property as collateral?
We have some undeveloped land (adjacent to the property on which we live) that is in a self-directed IRA. Is there a way to use this property as collateral on a bank loan, or is it not possible since it is in a trust?
Paul Murch
Can you reverse a stripped mortgage?
A 2nd Mortgage, for which I hold the Deed of Trust, was stripped during Ch. 13 bankruptcy in 2013. The value of the home was approximately the balance of the 1st mortgage at the time, so the court had no problem strip...