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12 November 2024 | 7 replies
As long as your out of pocket expense every month is equal to or less than what it would be if you rented somewhere else then you are still technically ahead of the game.
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11 November 2024 | 6 replies
There’s several things I would recommend but here’s a quick summary:1) furniture does not add value to the appraisal value - a a financed buyer if buying your property at or above its appraisal value is going to have to pay out of pocket.2) it comes down to marketing, and I can go over that in much more length than I can here in text.
9 November 2024 | 2 replies
Hello Bigger Pocket Pro Members,I'm seeking guidance on finding lead source companies.
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11 November 2024 | 2 replies
He plans to do more with me and bigger pockets (no pun intended) if the deal goes well.
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10 November 2024 | 7 replies
Welcome to Bigger Pockets Mark!
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9 November 2024 | 2 replies
I am considering this because it is seller finance, low out of pocket and it would get me in a market that is expanding rapidly.
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13 November 2024 | 13 replies
Could always buy it on a DSCR loan at like 6.25% and cover the renovation out-of-pocket.
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11 November 2024 | 10 replies
I actually have two options for this property: 1) Rent out the existing 25 storage units AND rent out the building plus add the 25 additional units out of pocket.OR 2) Rent out the existing 25 storage units and added the 25 additional units out of pocket to rent them out BUT keep the metal building for my GC business to where we have offices and storage for building materials.
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14 November 2024 | 21 replies
In terms of finding good deals, you can connect with other local investors and realtors who can give you the scoop on pocket listings, off market deals, typical cap rates, and comps.
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13 November 2024 | 18 replies
You need to refinance into a DSCR Loan, Conventional lenders do not allow you to vest in an LLC.Bigger Pockets is a great place to find DSCR lenders.