12 January 2025 | 10 replies
Many real estate investors opt for a fix-and-flip loan because they’re relatively easy to obtain: no personal income verification (no DTI requirements), and you can often borrow up to 90% of the purchase price and 100% of the rehab costs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3170686/small_1737071462-avatar-emekao25.jpg?twic=v1/output=image&v=2)
23 January 2025 | 7 replies
., your tenant stops paying, you're still in a relatively safe position.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/555952/small_1723663591-avatar-jeremyb37.jpg?twic=v1/output=image&v=2)
13 January 2025 | 0 replies
In New Hampshire, title laws are strict, so we couldn’t move forward without obtaining a signature from a living heir.The title company dug deep and eventually located a distant relative—a niece of the deceased owner, two generations removed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3166236/small_1736279391-avatar-polat.jpg?twic=v1/output=image&v=2)
8 January 2025 | 5 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2249092/small_1736641805-avatar-katieh117.jpg?twic=v1/output=image&v=2)
12 January 2025 | 1 reply
I have a relative who owns and lives in a dome and she really loves it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1677479/small_1694588509-avatar-carlosl130.jpg?twic=v1/output=image&v=2)
14 January 2025 | 9 replies
1) Yiu REALLY need to know what CA will allow you to do, I don’t know, but the state may say too bad landlord, you lose. 2) Assuming your attorney (Or you if you’re able to decode the laws that relate to your situation and are willing to go to court in front of a judge against a “sick” kid.) think you have the right to collect the rent I’d give them two options.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3155933/small_1733937762-avatar-zachh319.jpg?twic=v1/output=image&v=2)
12 January 2025 | 2 replies
I'd like to take a deeper dive into subject to, wraps and other related things to educate myself and see whether some of these might be things I can actually utilize in my real estate journey.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3009118/small_1723755805-avatar-peterf214.jpg?twic=v1/output=image&v=2)
26 January 2025 | 3 replies
While more development did happen over the last few years from development projects started in 2021 and 2022 when rates were lower and developers could outlast supply chain issues, the upcoming supply is expected to drop again, as we will discuss later on, with the relatively sharp rise in interest rates that has dried up investment capital due to the fear in the market, sellers opting to hold out on their land and or properties until cap rates and interest rates subside again as is expected in the coming years, as well as banks being cautious to lend on real estate due to this sharp rise putting many projects that were started in 2021 suffer greatly from a 7x increase in rates over the following 40 months that had adjustable rates or 5-year terms which is very common in larger multifamily investing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2446560/small_1734283166-avatar-trezae.jpg?twic=v1/output=image&v=2)
14 January 2025 | 6 replies
Or is your concern about cash flow related to your lender?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1666906/small_1695349384-avatar-fernandom82.jpg?twic=v1/output=image&v=2)
10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.