Hello, I am new to real estate investing, but I have a back ground in commercial appraising. I am looking at buying a small apartment complex, and I was wondering if my idea makes sense. I think this may be called syn...
I'm interested to know how old you were when you bought your first investment property? How did you obtain the financing and credit needed to buy a property, especially if you bought a property when you were really yo...
I understand the reasoning behind placing real estate in an LLC: for the owner to shield himself/herself from personal liability in the event of legal action.
However, is one LLC enough? Say an investor owns 10 prope...
I'm purchasing a property this week in Mississippi. It will be a cash purchase. This will be my 3rd rental investment property (mix of long and short term rentals). I'm eyeing my next move which will almost certai...
Does anyone have a contact for a bank/broker that does cash out refi and operates at competitive rates?Have been working with MACU and they are @ 3.625% the broker seems to be to busy to want the business. ICCU is rea...
Hello All!
I have a question.Can you wholesale a property already listed on MLS? The end buyers are going to get a loan from a bank. Can I still get a assignment fee from a bank loan? I only seen it on cash b...
Anyone out there have insights into a fee (or other incentive stucture) that would be reasonable to charge to a partnership for personally guaranteeing a loan on a property being purchased by the partnership? Similar...
Alright Bigger Pockets, i need your help getting creative. Here is the situation, im trying to secure financing for a property. Actually two properties. One plot, two individual houses. I reached out to my VA guy beca...
Good morning Friends.-I have a client who is in need of about $10-$15k in order to fix up a rental property that just became vacant after a long term tenant moved out. They are asking to borrower a total of $50k in or...
Hello BP Friends,When getting prequalified for a mortage to buy a duplex or any 2-4 unit. I hear that lenders can use the rental income you WOULD be bringing in once you purchase it towards your debt to income. Any tr...