I have not used hard money yet. So far, just used my own cash. But I miss a number of good deals because they are just out of reach. What usually happens here in Michigan with a good REO deal, is that it will li...
Bought my home in the Scottsdale, AZ area as a foreclosure back in 2009. Was house hacking for years and now it is kind of a live in flip. Between the work I have done and the recovery in the market, I have about $2...
About a month ago I posted in the "Starting Out" forum about mortgage limits and got contradictory responses:
http://www.biggerpockets.com/forums/12/topics/105907-real-estate-limits
I've done some searc...
Hello BP community, I am trying to decide what other credit cards should I get to help build my credit. I have no previous credit history so the mortgage loan officers I've spoken to have said to start building credit...
Hi! Are you separating rental payments from your general operating account or depositing all monies from the business, including rents in one account. I only have one rental right now but as I acquire more properties,...
I recently had someone who claimed to be a private money lender ask to log in to my bank account as a criteria, which then I began to get skeptical. And when I began to ask questions of the lender like what his websit...
Before saying the obvious "you cannot" answer, please read my message in full. It's unique. Here’s the situation: Kentucky, Judicial Foreclosure State (Lis Pendens) House is worth 400k 1st Position: Santander Bank...
I have the chance to purchase a 4-plex in South Carolina. I need advice about if I should use a 20% down payment at 5.25 interest commercial loan or a 20 % down payment residential loan at 4.75% interest rate. I hea...
Hello and thank you for reading. Bottom line up front: Is it a reasonable assumption that Cost of Funds will be higher than 3.50% five years from now? Additional Info: I'm purchasing a 24-unit in Pittsburgh and am com...
I figure this must be a fairly common problem. So I have seven rental properties (all SFRs in the same city but not exactly in the same place). Each one has a different interest rate and term and is serviced by a d...