Omi C.
Questions about holding accounts for insurance + taxes
Good day all!I recently bought a 4-plex as my first investment property and am having some issues with the lender.The first issue was that the lender surprised me on the HUD by collecting 3 months advance taxes+insura...
Account Closed
Strategy to raise capital through current assets?
Hi BP'ers,My parents and I are fairly new to the States, we own a couple of properties under my parents name and would love some feedback on ways of getting cash together for future investments as we are currently cas...
Sam Schrimsher
Please Review My Lease Option Plan
I recently closed on a home with a swimming pool in Rochester. I'm going to be into it about 97k (paid 80k, but with closing costs, and selling cost down the road, and the repairs I should be into it about 97k). At 97...
Jeremy Segermeister
Seller financing deal structures
I’m considering purchasing a fsbo property for my primary residence. The current structure is a tear down. The owner is an older man who purchased the property 50 years ago. It is now worth $1.4M. He’s had multiple ca...
Barry H.
Hard Money Lender Getting a Taste of the FLIP
Hey BP Community - I am pretty new to BP but have been investing in rental real estate about 13 years and recently moved into Hard Money Lending (HML). In my HML deals, I am lending for short terms (4-6 months) at hig...
James King
House Flipping in Texas
Hello, I am new to this forum. I live in Texas.I am interested in fast cash turnaround, and I thought house flipping, buy-upgrade-sell, might be a good idea.A typical scenario would be to buy a home for say $200,000, ...
Cade Powell
Business Loan to Start Investing?
Hello all,I am new to the real estate world and looking to start a business locally. My wife and I are young with a baby and don't have enough money to start buying real estate on a personal level. Is it possible to s...
Michael Bridgett
Pennsylvania notice to quit or non-renewal
I purchased a multi-family two months ago and inherited a tenant whose on a month-to-month lease. He's a month late and is not communicating. I posted the notice to quit (due to non payment) about ten days ago. I'm no...
Aaron Davis
Our road to 8 unit apartments with no money down
I'm under no illusions that you know who I am. I've been on Bigger Pockets for a couple of years now but never very active. Here's part of our story including live-in flips, a take-over, and a no money down apartment ...
Montai Edwards
How do I come to a good offer and finance this deal?
I have a motivated seller that is asking for a cash offer on her property, is not interested in a lease option, and it does not need repairs. What calculation do I use for that specific deal to come to an offer? It ha...