Jefferey Eutsay
32 unit multi
24 December 2024 | 9 replies
Compare these with potential financing alternatives, like a DSCR loan or other commercial products.Exit Strategy: What’s your long-term plan—hold for cash flow, refinance, or sell?
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
what really needs to be reviewed is why is it not going well and what is the plan - its very different plan when you cut distributions and do a capital call to hold $4M to lower your debt obligation to allow for a refinnance compared to needing a capital call because you are only at 80% occupancy and anticpated 95%, rents are 50 cents a square foot less than you wanted and expenses are 25% higher....
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
Sure, it took almost 10 years to retire, but compared to the 30-40 year plan most people use it was a dream come true.
Hector Espinosa
Seller Financing Advantages and Disadvantages
10 December 2024 | 5 replies
* House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?
Meena Mallik
New member looking to connect
22 December 2024 | 21 replies
Very few Austin postings compared to DFW area.
Kim Leduff
Looking for a Property Manager or Company In Toledo
14 December 2024 | 12 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Thomas McPherson
Opinions on CABIs?
13 December 2024 | 2 replies
They provide flexibility and efficiency, especially for experienced investors.How have you found the terms and structure compared to traditional options?
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
Study the original business plan and why it has gone wrong and compare it to the new business plan.
Jay B.
Dominion Financial Company
18 December 2024 | 16 replies
They're reputable but I'd be happy to draw up a quote for you to compare side by side.
Yents Ybrimovic
203K loan new investor question
17 December 2024 | 16 replies
I just do not want to take this possibility off the table if it could help us really get moving in terms of number of doors we have rented out (a 2/3/4 door rental is an exponential increase in our cash flow, compared to the single family home we are planning to buy first).