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8 July 2024 | 5 replies
Very reliable and flexible rates are often more competitive then brokerage lenders or banks.
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7 July 2024 | 3 replies
Does BiggerPockets do any verification or due diligence on advertisers on their content?
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9 July 2024 | 8 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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9 July 2024 | 18 replies
As far as purchasing leads, I don't know a reliable source.
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8 July 2024 | 8 replies
- Do you have any reliable contractors who have experience in doing rehab work for your properties?
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12 July 2024 | 79 replies
There’s been very few properties sold in the neighborhood and the even the Bigger Pockets website couldn’t give a reliable value estimate due to lack of comps.
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7 July 2024 | 14 replies
This program is available on a full income / asset verification on a full documentation Conventional loan.
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7 July 2024 | 1 reply
This timeframe is usually enough to determine if a tenant is reliable and responsible.Current Leases and Renewal ChallengesFor existing leases, the process is more complicated.
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7 July 2024 | 1 reply
The challenge that many borrowers run into when looking for larger equity lines with limits of $250k+ is that they typically require full income verification (not always bank statement and DSCR exist) with lower DTI ratios (43-50%) however although the repayment scheduled is based off a simple interest only payment, (usually a 30 year amortization schedule with the initial draw period of 5-10 years) the qualifying rate is based off of the converted twenty year amortization schedule (240 equal installments) of the payback period.
9 July 2024 | 22 replies
Make sure you build a team of your CORE 4 in whatever state you invest in such as getting a reliable realtor, contractor, property manager, and attorney.