Marc Shin
how long to complete the BRRRR process?
12 December 2024 | 6 replies
If you’re aiming for 3 months, having a reliable team and the right lenders in place will be crucial to keeping things on track.More about how DSCRs support BRRRR refis: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...
Eva Sha
Commercial Real Estate Investing, how to get started or finding a mentor?
19 December 2024 | 22 replies
@Eva Sha - Yes, I generally advise emerging developers there will be anywhere from 5%-8% in closing costs (depending on the size of the loan), which include lender costs/fees, attorney's fees, and title fees, plus any other consulting fees.
Michael Mullins
Has anyone used BeyondBNB
11 December 2024 | 34 replies
That said, $8k is a big nut so I'm really not quite sure if I will go with a private consultant on an hourly basis or go with them or some other form of coaching.
Akil Mitchell
Buying property with occupied illegal unit
12 December 2024 | 5 replies
Be sure to consult with local experts, evaluate cash flow, understand tenant laws, and negotiate with the seller for the best outcome.Good luck!
Rich Emery
DSCR without penalty for selling early?
19 December 2024 | 15 replies
It’s crucial to run the numbers and consult with a lender who can tailor solutions based on the specific investment goals.Best regards, Stevan
Jordan Northrup
Need an alternative to Stessa
11 December 2024 | 8 replies
But with the EOY right around the corner need something more reliable.
Parker Bullard
Trying to Break Even by Leveraging Equity
13 December 2024 | 7 replies
Focus on long-term rentals in affordable markets with reliable cash flow, and steer clear of high-cost flips, lower-class properties, or overleveraging in areas that rely solely on appreciation.Good luck!
Terrance Jordan
What’s Your Go-To Strategy for Securing Funding in Today’s Market?
2 December 2024 | 3 replies
Is it high interest rates, finding reliable lenders, or something else entirely?
Carter Mayberry
Refinancing my current FHA to Commercial Financing
13 December 2024 | 15 replies
Consulting a CPA is a must to navigate these nuances.Double-check these details with your lender and CPA to avoid surprises and keep scaling smoothly.
Elena Facchinei
Is this a good deal for me? PLEASE HELP
14 December 2024 | 6 replies
Good luck I had a call with a FINRA compliance consultant today and discussed the sponsor exemption.