Aubrey Eblin
Rent to Retirement - A Great Experience
2 January 2025 | 1 reply
Has anyone else worked with the Rent to Retirement community? We’ve had such an incredible experience with them so far. Zach and Matthew have been phenomenal, always responsive and willing to share their expertise. Jo...
Jacob Hrip
Best financing options for a first time investor?
9 January 2025 | 9 replies
The higher you go on the LTV, the worse the rate will get.
Andrey Shostak
What kinds of calculators would people find useful?
12 January 2025 | 7 replies
I know BiggerPockets already has a number of great calculators, but is there anything niche that people are interested in?
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
we had a few left in our inventory and they each were sold to a house hacker.. great investment for a house hacker.
Andy S.
Landlord as Additional Insured vs Additional Interest On Renter Insurance in New Jers
3 January 2025 | 3 replies
This can be costly for your property manager, and you may have to pay for their insurance policy, which can add unnecessary expenses to your budget.It strengthens your relationship with your property manager.Adding your property manager as an additional insured is a gesture of good faith that shows you are committed to protecting their interests.
Arch Stanton
Thoughts on turnkey 5.5% cap with little cashflow with 70% LTV, Little Rock AR
13 January 2025 | 2 replies
What interest rate are you getting?
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
I feel direct mail is another great method.
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 6 replies
You’re paying $70k in “non-deductible” interest in exchange for less deductible interest.