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20 January 2025 | 9 replies
His agreements to produce websites, venture plans, private placement memorandums, white papers and coaching give him zero liability or responsibility to honor his commitments.
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17 January 2025 | 6 replies
Utilities are OFTEN overlooked so reach out to power, telecom, gas (or go all electric), water, and sewer to make sure you understand what it would take to get separately metered services from the primary house.
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22 January 2025 | 12 replies
As others noted, there is no limit to DSCR funding other than your ability to produce enough liquidity for down payments, closing costs, and the required reserves post-closing.
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20 January 2025 | 7 replies
With the extra cash flow, you could strive to acquire additional income-producing properties over time.
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29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
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22 January 2025 | 9 replies
I don’t really have an interest in House hacking if long-term rates are $700 a month incl utilities for a bedroom.
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27 January 2025 | 21 replies
I got into RE investing utilizing the same strategy as you're exploring.
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7 February 2025 | 31 replies
I am not sure about the other markets but I would suggest looking up a Realtor from here and utilizing their knowledge to help you.
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22 January 2025 | 8 replies
Hello Biggerpockets Community, This is my first post as I am trying to utilize BiggerPockets more.
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22 January 2025 | 7 replies
The canceling tenant remains responsible for rent, utilities, and other charges until a replacement takes over.