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6 February 2025 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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19 January 2025 | 51 replies
When I have some free time, I'll research other options that won't cost a fortune for the small guy.
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25 January 2025 | 17 replies
Typically, I also avoid paid education because there is so much free content.
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15 January 2025 | 11 replies
You can use it as a downpayment on a property over $450k and use leverage tax free.
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15 January 2025 | 6 replies
Bridge Loan: A bridge loan could provide the $150,000 you need until your tenant-free property sells.
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17 January 2025 | 22 replies
Question: assuming an ideal brrrr that has all investment extracted at the refinance, why would you choose a low cost market over a high cost market?
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21 January 2025 | 19 replies
Anyways, I might take advantage of the free trial.
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29 January 2025 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1788431/small_1736728353-avatar-thanhl11.jpg?twic=v1/output=image&v=2)
31 January 2025 | 19 replies
In 2014 it cost me about $42k to do this.