Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Julie Muse
Fast Flip Success on Abbeywood Dr, Decatur, GA!
5 February 2025 | 0 replies
Partner Driven provided 100% of the financing, covering the $77,000 purchase price.
Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Manuel Angeles
Affordable Housing Development Capital Stack Structures
17 January 2025 | 7 replies
Or do they leverage debt, and use the subsidies to cover the equity needed?
Derick Jennings
New to this
3 February 2025 | 15 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Julie Muse
Quick Flip Success: Dover Ct Deal Closed in Riverdale, GA!
3 February 2025 | 0 replies
Partner Driven provided 100% of the funding, covering the $160,000 purchase price.
John Jacobs
Actual Cash Value versus Full Repair Cost
20 January 2025 | 5 replies
The most important thing is to ensure your loan is covered in the event of a loss.
Bruce B. Lee
Hello, BiggerPockets! House Hacking Help Needed!
5 February 2025 | 3 replies
And this is your best chance of house hacking while covering most of your living expense or maybe even cashflow if you buy in the right area.Hope this helps!
Kevin Connauton
Searching for a Property Manager for my Rent by the Room Property.
29 January 2025 | 6 replies
@Kevin Connauton, I agree with you that although Pad Split is a great choice for getting the rooms filled, they don't cover all your bases in terms of property management.
Amir Portal
Help whit choosing a neighborhoods for BRRRR strategy
28 January 2025 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.