Michael Benanti
DealCheck app? Good or bad?
2 January 2025 | 32 replies
It is something only you have access to unless your subscription is automatically canceled due to a payment issue.We also have never increased prices for our existing subscribers as long as their subscription is active.
Peter W.
Housing Hacking with Second Home Mortgages
20 December 2024 | 5 replies
Yes, you can put down 10% for a second home, HOWEVER the rate adjustments for a second home and investment property have been the same for several years now.
Stuart Udis
What language was added to your lease in 2024?
30 December 2024 | 7 replies
I also added language to make it clear that any temperature adjustments should be reasonable, so it’s not left open for tenants to make claims.
Myers Bryan
Floorplan software recommendations?
14 December 2024 | 2 replies
Floor Plan CreatorPlatform: AndroidFeatures:Allows you to create detailed 2D and 3D floor plans.Supports laser measurer input for accurate measurements.You can enter exterior walls, fix them in place, and add rooms within.Offers automatic calculations for perimeters, rooms, and walls.Bonus: Plans can be exported to various formats for further editing on Windows2.
Tyler Carter
SFR loan programs < 25% down
18 December 2024 | 9 replies
Unfortunately there is a rate adjustment adjustment between 75% and 80% ltv on almost any product.
Nicholas Dillon
Does it make sense to take money out of the stock market to invest in RE?
22 December 2024 | 2 replies
Example I think an S&P index funds are a bad “risk adjusted” investment.
Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
For example:CapEx: $250-300 per unit per year for older properties, adjusted based on age and condition.Maintenance: $500-800 per unit per year, depending on property class and tenant turnover.Make-Ready Costs: $1,000-2,000 per unit for turnover, depending on the scope of work required.Resources and Tools: Utilize tools like BiggerPockets’ Pro Calculator or other underwriting spreadsheets that have built-in assumptions for these categories.
Samuel Meyers
Holywood Studio Space in Milwaukee Wisconsin
20 December 2024 | 2 replies
Her GoFundMe Headline: Hollywood in Milwaukee: Foreclosed Spaces to Film StudiosDon't judge too quickly, she is adjusting for focus in life and moving into a new chapter.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Just make extra payments on your primary mortgage (it will automatically go toward principal).
Paola Astrid
Refinance DSCR Conventional?
26 December 2024 | 15 replies
You'll see a hike in rate going from FHA to conventional in general (especially if your plan is to pull some of that equity), but you're also going from owner occupied to investment (if you plan on moving) which is another layer of pricing adjustments.