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22 February 2025 | 9 replies
A key risk is the due-on-sale clause, allowing the lender to demand full repayment, though enforcement varies.Keeping the property in an LLC provides liability protection, shielding personal assets from lawsuits.
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4 February 2025 | 10 replies
If you can fight to break even and hang on to that place for the long term, that will provide the best return on capital by a long shot.
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22 February 2025 | 0 replies
Ideally she'd be able to get the full $800/month that she could use to help reduce her mortgage payment.Thanks you very much for your help, it's much appreciated!
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22 February 2025 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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20 February 2025 | 18 replies
keep going after it. run lots of numbers and do a lot of underwriting. feel free to reach out at any time if you need help in your market. these properties that are 3 units are rented and then a cash out refinance that not only makes money but returns full capital to the investor on DSCR loans similar to the interest rate you mentioned above.
20 February 2025 | 5 replies
That tells me the bigger issue might not be just the yard, but overall curb appeal or pricing.More Cost-Effective FixesInstead of a full sprinkler system, here are some budget-friendly ways to improve the yard without draining your wallet:•Fresh Mulch & Gravel: Super cheap, easy to DIY, and instantly makes the space look intentional, even if the grass isn’t perfect.
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28 January 2025 | 71 replies
I am about to start a full rehab on a 5 unit brownstone in Bed-Stuy...
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5 February 2025 | 8 replies
The numbers definitely work if the rehab stays within $100K–$115K and the timeline is 6 months, but with a full gut reno, I want to be realistic about potential delays.
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5 February 2025 | 5 replies
Quote from @Mike Romano: Hey everyone,I have a buyer ready to submit a full asking price offer on my flip, but the 90-day flip rule won’t be lifted for another two weeks.
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11 February 2025 | 11 replies
Something like: "Know that if you don't pay your full rent by the 01, I will file for eviction".Or should I just wait and if she passes the 01th, file for eviction?