Frank Alfano
New to BiggerPockets: Seeking Tips on Private Lending - Finding Multifamily Property
22 December 2024 | 12 replies
I collaborate with large custodian companies.
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
You'll want a title company/closing attorney who understands how to do this correctly.
Travis Daudelin
Renting to an in home health care agency?
25 December 2024 | 12 replies
These companies are fly by night hence why they don't buy their own properties...
Chris Lu
New BP member looking for STR budget feedback!
22 December 2024 | 5 replies
Are you intentionally looking to outsource the management and day to day operations to a management company versus self-managing?
Chloe Salcedo
I don't know where to start or how to put my foot in the door...
13 January 2025 | 31 replies
I don't think it is a bad idea to find work in real estate somehow as it will allow you to be comfortable with being around it in general, such as a property management company.
Jessica Medvec
Is “cash only” really cash?
29 December 2024 | 9 replies
Title issues tend to be the fact pattern where properties are truly not financeable but that's rarely the case when you see the "cash only" adverts.Ultimately, proceeds will be transferred through a title company and its not as if the buyer is showing up with a duffel bag filled with cash.
Shane Gorski
Short & Long-term Rental Property Investments St. Pete & Naples
23 December 2024 | 17 replies
For perspective, last April I closed on a new construction loan (build to rent) with a turnkey company there (Rent to Retirement).
Chris Menne
Should I Sell or Rent Out?
3 January 2025 | 18 replies
You don't need to use a title company and pay fees, you just need to proper paper work and quit claim deed.
Kate Granahan
Mixed use property loan options
23 December 2024 | 5 replies
However, many lenders and insurance companies are tightening restrictions and premiums for these types of properties.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.