Cory M.
No W-2, Looking for Loan Options
21 December 2024 | 14 replies
If your goal is less required documentation, DSCR is likely your best bet as most everyone as mentioned, possibly a bank statement program depending on your job structure.
Waruna Yapa
Who has the best rates and how to shop for them?
8 January 2025 | 14 replies
Your best bet would be to find a portfolio lender whose niche aligns with your investment strategy.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
If you kept the property, and accumulated the CF/yr, it would take you 25 years to get that same equity that's sitting, frozen in your property.Also, if you cashed out and used that same equity as a DP on different RE, at 20% DP, that equity would buy you $2M in PV, not just $700k,...and, I'd be willing to bet, you could find new RE that would have a yearly CF well over $20k/year.On top of that (remembering my initial statement above), any appreciation applied would be applied to $2M, not just $700k.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
I bet people will not be getting paid their dividends very soon.
Desiree Doubrox
Coworking/coliving property, beachside in San Jose Del Cabo, Mexico.
11 December 2024 | 1 reply
We were looking for something in San Jose Del Cabo, because it is a popular destination for digital nomads and remote workers.
Suganya Vinayakam
How much new ADU build increase value of the home in california
25 December 2024 | 60 replies
I have made a lot of money in RE (8 digits) and have not purchased in over 2 years.
Bruce Woodruff
Thoughts on the California fire repercussions
22 January 2025 | 17 replies
I am betting a lot of media is going to be coming out of how under insured people were because to be fully covered was "too expensive".
Alexander Dombeck
Advice On Commercial Real Estate Purchase - 1st Time Owner
19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
Lenny Montesano
Young aspiring real estate investor seeking advise
3 January 2025 | 26 replies
Good luck, you are a busy man with school, family and baseball.Likely your best bet is house hacking (if your partner and child are willing to share housing).