Does anyone have sample language they are willing to share to secure a Personal Guarantee (PG) as further backup to 1st lien position in a private money loan? Are the PG clauses usually included in the promissory not...
I'm looking into buying a property with 2 separate mobile homes on the property. I would own the mobile homes after the purchase of the property. The are both being rented and they are from 1969/1962. Not knowing much...
Hi Everyone,I'm curious what people are seeing for Natural Gas heating cost for Duplexes, Triplexes, and Fourplexes in Michigan. It seems that most of the multiplexes I see have combined heat, and separate electric. ...
Investment property about 6.5% for a 30yr mortgage. 20% Downpayment.Mortgage would be $1600. Downstairs rent could go from $1500-$1750. Upstairs (separate space with kitchen would rent for $500- as I already have some...
Hi Everyone, long time lurker, first time poster. I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...
I have about 120k in my 401k and 100k in equity at the moment and would like to use it towards real estate investments. I've been researching different services to move my 401k money , such as Whole life Insurance or...
Merry Christmas BP!!My wife and I just recently closed on our first STR in Destin Florida and are now in the process of getting all of our systems set up. One of the main systems we need feedback on the most is settin...
I am new to the forum and would appreciate some outside insight.
My wife and I are in the process of buying a 4 plex apartment building. We have been landlords before (although single family) and my question is basi...
I know this is an old thread, but the SEC just lifted its advertising ban today, and soon you will be able to advertise for private money a little easier. There are still several restrictions, but they aren't as seve...
Hello Bigger Pockets Community,
I have some multi family properties (total of eight units) and the property management company has a shared bank account so they can deposit rents and then debit expenses with co-sign ...