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Results (10,000+)
Douglas Middleton HELOC 1st Lien Position
8 April 2024 | 39 replies
His program also comes with a 6 month money back guarantee if for some reason it does not work for you.  
Chris Worsley Connect Invest/Advertisement on Bigger Pockets Podcast
7 April 2024 | 2 replies
For example, are you ok with your investment being unsecured for 6.5-8% where you can get a guaranteed return from the Fed for almost 5%?
Selina Giarla ISO Lenders: 30 Yr Fixed or......10/1 Interest only ARM?
8 April 2024 | 35 replies
Here are some examples based on common interest rates:At 5% interest rate:Monthly payment for 40 years interest-only = $2,083At 6% interest rate:Monthly payment for 40 years interest-only = $2,500At 7% interest rate:Monthly payment for 40 years interest-only = $2,917--------so 40Y 10YARM vs 40Y IO: $1 LOL :)----------------------------------draw amortization chart for 30YFRM with 7% rate every year for $500,000 loanHere is an amortization chart for a 30-year fixed-rate mortgage (30YFRM) with a 7% interest rate on a $500,000 loan:YearBeginning BalanceMonthly PaymentInterest PaidPrincipal PaidEnding Balance1$500,000$3,326.98$35,000$5,369.82$494,630.182$494,630.18$3,326.98$34,624.11$5,745.73$488,884.453$488,884.45$3,326.98$34,221.91$6,147.93$482,736.52--------------draw amortization chart for 40Y Interest only with 7% rate for $500,000 loanTo calculate the amortization schedule for a 40-year interest-only mortgage with a 7% interest rate and a $500,000 loan amount, we can use the following steps:During the interest-only period (first 10 years):Monthly payment = $2,916.67 (7% annual interest rate / 12 months)Total interest paid in the first 10 years = $291,667 (2,916.67 x 12 months x 10 years)Loan balance remains at $500,000 during the interest-only periodAfter the interest-only period (remaining 30 years):Monthly payment = $3,326.89 (calculated using the standard mortgage payment formula with a 30-year amortization period and 7% interest rate)Total interest paid in the remaining 30 years = $496,869Total interest paid over the full 40-year term = $788,536Loan balance at the end of the 40-year term = $0 (fully amortized)The full amortization schedule would look like this:YearInterest-Only PaymentPrincipal ReductionLoan Balance1-10$2,916.67$0$500,000------------so if you use 30YFRM an sell within 3 years; you are making additional 18k profit guaranteed compare to 40Y IO.
Indrani Peyton Anyone heard of this funding company?
6 April 2024 | 19 replies
When I started asking questions like that actual name of the company they use for background checks and verifying identity… she started to get defensive… apparently it’s a $1,000 to have them get your guaranteed short term funding.
Mounish Thatikonda Seeking Advice on Rental Property Investment Strategy - Building vs. Buying Fourplex
5 April 2024 | 2 replies
@Mounish Thatikonda, while I can't speak in too much detail about the financing side, I will note that I have never built a house, but had talked to lenders in the past, and they were willing to finance a new construction house for me with full personal guarantee and a reputable builder contracted to manage the construction.  
April Birdsong LLC for Business and LLC for Property Protection Question
5 April 2024 | 13 replies
Ultimately the lender will require a personal guarantee from the borrower unless the property qualifies for non recourse financing (which is rare and generally applies to larger transactions than those contemplated or executed upon by BP forum posters).
Sanjeev Advani The Practical Guide to Real Estate Investing: Achieving Financial Independence
5 April 2024 | 1 reply
Conducting thorough due diligence, maintaining a healthy cash reserve, and obtaining adequate insurance can mitigate these risks.The Road to Financial IndependenceReal estate investing is not a guaranteed path to wealth, but for those willing to put in the effort to learn and grow, it offers a viable route to financial independence.
David Vaughn FInancing question for multifamily purchase
4 April 2024 | 4 replies
You will never be 100% guaranteed against any risk.
Donnie Tucker Section 8 advice - New investor
4 April 2024 | 13 replies
Section 8 is great, as it is guaranteed rent payments each month.
Michael G. Commercial Lease Renewal Option - Commissions - who pays?
4 April 2024 | 15 replies
the owner would typically pay the commissions on a commercial lease; however, an option to renew is an option to renew. it just gets renewed. there is no new lease, no new leasing agents, none of that. it sounds like they aren't exercising their option to renew. they are essentially letting the existing lease expire and negotiating a new one. my response would be - we either renew as is as provided under the existing lease please plan on vacating as we'll start marketing. it is possible that we may come to terms on a new lease but no guarantees.....