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29 June 2024 | 7 replies
We even include a link to the IRS article that explains this.
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29 June 2024 | 6 replies
Seems people have escaped similar issues https://www.biggerpockets.com/forums/48/topics/1178658-flip-...
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29 June 2024 | 9 replies
I've read other threads on the topic and it seems like the obvious answer is that it depends, as doing bi-weekly pays off your mortgage faster but means less available cash for other investments.Say we have a typical Cleveland property worth around 150K, assume the monthly PIMI is $1000 and that annual cashflow is $5000.
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28 June 2024 | 2 replies
Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.I suggest reading this BP article on the core 4.https://www.biggerpockets.com/blog/core-four-real-estate-team
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29 June 2024 | 5 replies
I saw this in a story regarding an event in Las Vegas: Marjorie Taylor Greene, speaking at a Donald Trump rally, tackled the topic of electric vehicles in a way that left many attendees puzzled.
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28 June 2024 | 2 replies
In an article I read Michael Galpen of B of A says the housing market is stuck til at least 2026 if not longer.
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27 June 2024 | 10 replies
Nope - DSCR is typically the best option now for refinances - I actually published an article on this exact topic last year here on BiggerPockets - ALl the options for BRRRR financing (including refis) and pros/cons, etc - hope it helps!
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29 June 2024 | 8 replies
By subdividing, this would barely affect my current property value for the home.how should I approach speaking to the mortgage company about this and what are my potential options.Thank you to anyone who has any experience on this topic.