Dustin Gott
extending private loan
I have a private lender who is owed the full amount in a few days. He is interested in continuing to loan the money. What would you use to change the terms of the loan to extend it another year? Simple addendum? A spe...
C. Avalo
Looking for First Property
Hi,My name is Jai. I am new to the site and trying to acquire my first investment property. Since I have limited funds (borrowing $28k from my 401k) for a down payment and reserves, I am planning to start with a to...
Orhi Tahi
Strategies for Finding and Acquiring REO Multifamily Properties (5+ Units)
Hey BP community,
I'm looking to expand my real estate portfolio and I'm particularly interested in REO-owned multifamily properties with 5 or more units. I'd love to hear from experienced investors about:
Best re...
Alec McGinn
Extended Student Loan Payment
I’m coming up on the end of my 6 month grace period before I have to start paying my student loans. Between my wife and I,for the standard 10 year pay off, would be paying a little over 800 per month for the next ten ...
Jaki Ollango
Alternatives to Extending Loan
I have finally completed my first flip. Everything that could go wrong went wrong. The flip was funded by hard money for a 6 month term. We are finally about to list the property for sale but the hard money lender wan...
Mike Hartzog
Extending an Open Ended Loan
Has anyone done an extension on an open ended loan? I am familiar with the concept, but not so much with the nuts and bolts of how to get it done. I believe there needs to be a new note and security instrument. Not...
Natosha Green
What county offers nonqualfying loans or 10% down to purchase TLC
Hi BP community. I am new to Bigger Pockets. I am interested in tax liens. I have gone through the process of funding my own tax lien and the foreclosure process. I have listened to Tony Martinez and Saen Higgings abo...
Jon Ferris
One property or two?
Hello - I'm struggling with a calculation. I own a property in an up-and-coming neighborhood and would like to purchase a second with a cash-out refi on the first. To keep things simple, let's say I have 200K in equ...
Jason Merchey
The Marijuana Business
A friend is wondering about syndicating and bringing in equity in California. Building and then renting a 20,000' warehouse to marijuana growers. $110/s.f. to build and a 10% return. He owns the land in Sacramento. An...
Patrick Byrne
Can VA Loans extend to children
I’m looking to start out by house hacking in the current college town I’m in (Starkville, MS). My dad is a veteran and since well be co signing, we havd plans to do a FHA 3.5% Down loan, but we’re curious to see if th...