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22 January 2025 | 3 replies
It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.
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11 February 2025 | 8 replies
The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.
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26 January 2025 | 9 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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21 February 2025 | 2 replies
You also have to check out your current lenders MAX CLTV rules because it may cause issues with the first DSCR lenders original note/agreement.There are some lenders that have CLTV rules or will not allow a 2nd lien if it does not confirm with their Max CLTV similar to a 'Due on sale" clause.
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2 February 2025 | 8 replies
Where comps come in to to compare "cap Rates" (a measure of financial performance) of recent sales.
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19 February 2025 | 2 replies
Interest/mortgage rates are at historical highs, crashing new home construction and existing home sales to the lowest level in 30 years.
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18 February 2025 | 14 replies
Lol.They have decent deals from time to time, but they are usually volume based, not in tune with market, and more motivated to push a sale than to really see if a deal is good or not.
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26 January 2025 | 2 replies
That $250k sitting in the bank with no chance of vacancy or capex could earn you $11,250/yr at 4.5%.
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2 February 2025 | 7 replies
A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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30 January 2025 | 4 replies
and trailer stolen, workshop robbed 3 times, business bank account hacked and Not Insured (w a bank name like C#@$e), hip replacement, Botched oral surgery for sinus cyst 3 times, So Far, that caused an infection that kept me from working most of 2024 and just now recovering.SO Fire Sale February for me But I’m too broke to finish a punchlist to keep rental certificate open on top of living expenses and cover unexpected bills.Seeking micro bridge loan in the $5-10k range to be repaid at sale of house.I have another small single family paid off and rents for $950 as well.Any advice or suggestions for resources Greatly Appreciated