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Hey BiggerPockets, I recently received a call from a recipient of my direct mail campaign about an off market property and have put myself in position to make an offer. I asked him the lowest price he is willing to ta...
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Hi Guys,I just got under contract for my first duplex and am exploring my loan options. I've decided to go with a 15% down conventional loan. I'm shopping for rates and one lender has offered me a 4.5% interest loan. ...
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[b]NOTE FROM BIGGERPOCKETS ADMINISTRATION:
THIS DISCUSSION IS A VERY GOOD EXAMPLE OF HOW NOT TO DO BUSINESS. I HAVE KEPT THIS ON THE SITE BECAUSE I BELIEVE IT IS IMPORTANT FOR NEWBIES TO READ AND LEARN FROM.
PLEASE ...
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Hey BP friends - I am interested in purchasing a property that needs some work and want to add more sq ft. I am taking to a hard money lender, who will fund the purchase and renovation cost at 10% down payment. Points...
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I am self employed and curious as to my lending options.
I file my taxes and claim all my income and make my deductions.
I will be using 2021 and 2022 tax returns.
I am 100% owner of an LLC S-Corp.
My self employe...
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So I am considering the possibility of accepting S8 on my rental property. Was just looking around the hud.gov website and......surprise.....it's confusing....REALLY confusing....and overwhelming.
Anyone out ...
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So I'm 25 now, and I have a very serious girlfriend who, in the next year or two, may become my fiancee, and I want to make sure that we're both taken care of. My income is about $35.5K per year. (She makes about 42K ...
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Folks,
I had an agent place a tenant for me and charged me 8% of my yearly rent which is about 1 month's rent. Now tenant is creating a lot of trouble by blowing everything out of proportion and making it hard for me...
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I'm looking at possibly my first purchase, it's from someone I know, and I know the complex is in good shape. The unit is in a great part of town, very popular area. Units have all been renovated about 7 years ago. I'...
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Typically what kind of terms do the owners expect if they were to lend you a % of the building?
Ex. Lets say I find a 1,000,000 apartment building. Bank will loan 800k and I need 200k for the downpayment.
If the own...