
3 April 2024 | 29 replies
As of July 1 things have really started a to cool off here as is everywhere but signs of a cool off are good for buyers here both investors and owner occupied buyers.

4 April 2024 | 8 replies
You want to get something around 150k and put 25% down to leave yourself with some liquid to execute on another deal . you'll be able to obtain a 30 year fixed DSCR which is no income and no doc

3 April 2024 | 5 replies
Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZmy mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?

4 April 2024 | 1 reply
PPI, the Fed’s preferred measure of inflation, popped up last month, and PCE, CPI and PPI have been resilient to up in the face of the fastest interest rate increases in history and Quantitative Tightening, where the Fed stops buying corporate and government debt to reduce liquidity in the economy and slow financial markets.
3 April 2024 | 5 replies
This is what I own:Bank: 35kCash: 7kInventory (business): 230k Robinhood brokerage: 27kFidelity Roth: 5.5kRoth 401k: 32kPersonal money market account: 15kBusiness money market account: 42kTotal liquid cash: $393,500Debt: -16,000 college loanHow should I go about investing this?

4 April 2024 | 15 replies
He primarily works with investors, either building or liquidating portfolios."

3 April 2024 | 8 replies
I made money via appreciation (and ultimately did well), but the rental income was, at best, treading water.If you’re up for the management challenge, buy right, and have a longer term horizon, I think you can do OK but it may be worthwhile to wait for the market to cool down a bit.

3 April 2024 | 6 replies
Landlord shall maintain, and/or repair/replace the plumbing, heating, cooling, electrical systems, and the exterior walls and roof of the Property.

2 April 2024 | 1 reply
Another benefit of this option is that there is no additional liquidity requirement at closing.
3 April 2024 | 8 replies
This applies to all transfers by foreign taxpayers – whether by sale, exchange, liquidation, redemption, gift, or otherwise.