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Results (10000)
Chris Chesser "Safe" amount of money before purchasing
7 June 2017 | 6 replies

What is (generally speaking) a "safe" amount of cash to have set aside for expenses before entering into a first deal? In my area I can find 3-4 unit properties around $120K (smaller town) so, obviously on an FHA loan...

Eric M. SAFE ACT and Hard Money Lending
20 July 2010 | 0 replies

Just trying to keep up on all the changes happening in all the states.
I know that in general Hard Money lending on NOO property is exempted from the SAFE Act. However, I know states are allowed to pass tighter regs ...

Amber Grimshaw best place to hold money before purchasing your next rental
2 April 2019 | 1 reply

where are the best places to keep money while you are waiting to purchase your next property. I have some money sitting in the bank and I'm anxious to put it somewhere to earn a little extra income while I am waiting ...

Edward Encinas Rental Property Budgeting / Taxes
12 November 2021 | 3 replies

I am looking to purchase a 2 family home with an FHA loan and living in one unit. By renting out the one unit my monthly cost is ~$600, but I also wish to put aside ~600 per month for vacancies, Repairs, and CapEx. Wh...

Isaac Jones Newbie needing advice on buying a semi large multifamily
20 January 2021 | 0 replies

Hello all, I am new to bigger pockets and for the last few days I have been reading countless hours of articles on multifamily buying. A little about me. I was injured playing football back in 2011, as a result I star...

Murray Hall Attracting Investors
22 October 2016 | 1 reply

What are a few sentences that can begin to be used to attract investors and people I already know?  My mind wants to jump immediately to the numbers (e.g. we would offer 8-12% on their 100,000 investment over 12 month...

Trina Nguyen Paid off mortgage or save cash for rental property
25 July 2017 | 1 reply

hello. I have money safe up to pay off my mortgage, but I've been following your podcast and very interested in purchasing my first duplex to rent out, but I still have a mortgage on my condo. So I'm wondering if I sh...

John Britt Partnering
31 March 2016 | 2 replies

I have be offered to partner with someone that is new to my area that wants to rehab and flip properties.  He has the funds and I have the knowledge, and I would find the deals to keep the crew busy as well as get exp...

Jen Hoang How to safely lend money to an investor?
3 April 2020 | 20 replies

I'm considering lending money to an investor in Indiana. He needs 85k to buy($70k)  and rehab($15k) the property and his ARV is $115k. He's offering 10% apr and 2pts at closing. What sort of paperwork should I look fo...

Brandi R. Designing an informational packet for potential private lender.
23 June 2017 | 3 replies

I need advice on designing an informational packet for a potential private lender?  Something to walk through with the lender.  Just an example. Thank you!