Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
David Bull 2nd house out of 25 in the next 4.5 years
8 January 2025 | 4 replies
I know they have a cap at 10.We have also looked at using local banks in the area but those terms are usually 3 years arms to ten year arms and 20 year loans so it lowers cash flow significantly. 
Kiryl Ulanovich Help me please with my wholesale learning
8 January 2025 | 1 reply
As I studied earlier, the first thing you should do is marketing, then get a call and do a property analysis to understand if it's profitable for you, then meet with the seller and sign all the necessary papers, then if there is a debt in the bank we do a reinstatement quote, then do a title search to check if there are any hidden debts, if everything is fine we look for an investor or flipper and sign an assignment of contract with him and wait for closing to get our money.
Fernando Martin-Gullans Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
This allows you to access funds while keeping your existing mortgages intact.Second Mortgage: Explore lenders who offer second-position loans on investment properties, though rates will be higher.Cash-Out HELOC : While traditional banks often restrict HELOCs on non-owner-occupied properties, some portfolio or private lenders may offer HELOCs for investors.With $15-20K in liquid funds, look for deals where you can negotiate terms:Seller Financing: Negotiate lower down payments or interest-only periods.Subject-To Financing: Assume the seller’s existing mortgage while covering the down payment.Lease-to-Own: Lock in the purchase price while using rental income to build equity.
Erick Pena Advice Needed: Identifying "Good Deals" in Real Estate Investing
20 January 2025 | 14 replies
Someone with $10M in the bank in cash just needs to put a lot of money to work and time value and tax write off is more interesting to them than a hungry investor in their 20s that has never found a deal.Honestly, books are great, but they are about as "boiler plate" as you can get as I'm sure you're discovering.
Thanh Lu How to screen guests who book directly instead of Airbnb, VRBO, etc
15 January 2025 | 12 replies
Some hosts also accept bank transfers, but you’ll want to ensure payments clear well in advance of their stay.
Kenzer Hodgson LLC or Umbrella policy
8 January 2025 | 14 replies
Basically, they name everyone because they’re hoping and counting on the fact that people set up their own LLCs and didn’t adhere to basic entity maintenance and kept things separate (like bookkeeping and separate bank accounts).
Jack B. What are the risks of DSCR loans?
19 January 2025 | 9 replies
All they ask for is your last two months bank statements.
Andrew W. Texas Series LLC - Bank Account Recommendation?
19 December 2024 | 14 replies
Go work with community banks, regional banks, and local credit unions.
Jason ODell Cash on cash for non-leveraged properties
4 January 2025 | 2 replies
“ cash flow returns” almost always compare horribly to a simple bank CD after you deduct for insurance, prop taxes< vacancy, capex, prop management (or your personal time.) etc etc etc. 
AJ Wong Ten Real Estate and Economic impacts of the LA Wildfires
16 January 2025 | 4 replies
Most US mortgages are based on 30 years and without assurance on insurance, why would banks continue to make mortgages in higher risk areas if the potential is complete loss?