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9 December 2024 | 12 replies
Can anyone suggest training videos, books, or other resources that would help educate me on the topic?
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18 December 2024 | 5 replies
My main concern is GETTING financing for it since we have a high debt to income ratio.
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17 December 2024 | 2 replies
Any way around paying the very high property tax, school tax etc. in SC?
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18 December 2024 | 11 replies
Is NOTHING sells for a refi appraisal price I mean nothing that appraisal is always high.. so when folks say hey I got a refi and it appraised at this and I now have this much equity that is also not true and wishful thinking..
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19 December 2024 | 4 replies
Be sure to take high-quality photos, and if possible, request utility records that confirm separate billing for four units.
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15 December 2024 | 13 replies
But 1k a month in utilities definitely seems high.
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16 December 2024 | 3 replies
@Maegan Quaife, Of the 4 prongs of the Internal Rate of return 2 of them are very high for you - cash flow and amortization of the loan.
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16 December 2024 | 19 replies
.: Quote from @Tim Delaney: That seems odd to me assuming you aren’t in a highly negative cash flow situation.
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21 December 2024 | 14 replies
DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?
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18 December 2024 | 12 replies
However, if you have the time and prefer to source properties on your own, I would highly recommend the following strategies:Connect with probate attorneysVisit property auctions: These happen monthly and, surprisingly, aren’t saturated with investors.Cold callingTarget LLC owned properties: Over the years we have seen an influx of companies purchasing SF for rentals/long-term holds and they failed to account for property taxes and an increase in new construction coming to the market.