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20 January 2025 | 12 replies
Appreciation kind of lags compared to other places further east in northern Alabama.
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24 January 2025 | 10 replies
Lock up your new property with a lease prior to selling your old property.
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20 January 2025 | 31 replies
Over time, I’ve accumulated more cash reserves and don’t need as much flexibility, but I’m actually in the middle of a refinance right now using an interest-only mortgage—because the pricing with the lender and the corresponding ARM is more favorable than a comparable principal-and-interest loan.The key with these alternative or "exotic" mortgage types is that you need to be financially savvy and have a solid plan.
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21 January 2025 | 21 replies
Are there any specific areas that are reasonably priced compared to the cities?
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16 January 2025 | 13 replies
And at what nominal price compared to the $24mil they paid in 2019?
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21 January 2025 | 2 replies
You can also look into building a rental portfolio which is a little less hands off compared to flipping.
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3 February 2025 | 25 replies
There is no PPP and the closing costs are slightly lower compared to a DSCR loan.
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7 February 2025 | 14 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
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20 January 2025 | 5 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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16 January 2025 | 2 replies
The article is off because it is comparing two different types of buyers.