Account Closed
LLC vs Umbrella Policy
I learned today that I cannot have a secondary market bank loan in an LLC name, so if I want to save on an interest rate as I can with a secondary market loan, I can't inside an LLC (I have to carry it with a bank int...
Joseph Belgrad
203(k) vs. hard money lender for BRRRR
Hello, really new to BiggerPockets so if this topic has been discussed already then my mistake. Why use a hard money lender over a 203(k) loan when purchasing a fixer-upper? If the hard money lender lends at 12% inter...
Josh Whitney
Using Land Trust to Protect From "Due on Sale" Clause
Im curious to know if using a land trust is still an effective way to protect yourself or get around the whole "due on sale" clause when buying subject to? If not is there a more recent method that people are using.
Cody Gagnon
Estimating Rehab Costs by the sq ft ASAP
Hello everyone! Finally made it to Chatt about 3 weeks ago. I have a lady that is willing to take an offer on her house and I am working on getting a ballpark number for repairs to submit my offer. Does anyone know th...
Rachel Fang
What do you think of Buffalo NY?
I am a newbie here and not quite sure which sub-forum my question should belong to... I am currently presented this opportunity of investing in a hotel (more specifically Adam's Mark) in Buffalo NY. The deal is to own...
Lady Cerezo
New Member to BP - Introduction
Hello. Joined BP today. Currently living in Brooklyn, NY. Looking forward to learning so much about this industry. Ready to make first real estate purchase. Not sure if I should start with purchasing my primary plac...
Josh Malenfant
In Need of Reputable Wholesalers
Hello,My team is looking for wholesalers in the southeast florida region. This includes Miami-Dade, Broward, and Palm Beach counties. If you, or someone you know has the ability to provide solid deals via wholesale, p...
Matthew Newman
Do I have a deal?
HI Everyone,
I just started marketing for motivated sellers for the first time about a week and a half ago and I have been in talks with what I believe to be a motivated seller.
Here is the story. He owes $600k on ...
Colin Kanuch
Is Investing in Baltimore Worth It?
I've been looking into getting into purchasing rental properties in Baltimore recently but have found that there are some hurdles special to Baltimore. I have seen on the BP forums that the lead paint inspections that...
Matthew Sichel
Time to refi or wait a bit longer
Hey,Looking for alittle advice on my situation. Me and my fiance purchased a 2 family house last November using an FHA. Purchase price of the home was 699k and we put down 10%. Interest rate on the loan is 7.25. (We b...