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11 October 2024 | 4 replies
Its a good question and lots of resources here on BP to learn - generally going the "conventional" route with mortgage loans from private lenders that conform to GSE (Fannie Mae) standards is great for your first few, then many switch over to "DSCR Loans" when they start scaling towards property number 3,4,5 etcI recommend talking to Jeff Welgan at Bluprint home loans to talk to to learn about the conventional options https://bluprinthomeloans.com/jeff/Also feel free to check out these resources on "DSCR Loans" which don't use DTI at all and are really good for scaling:BP-Published DSCR Guide!
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11 October 2024 | 4 replies
Not every property is a wise investment.Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...
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10 October 2024 | 2 replies
Working with a broker like me allows you to navigate these options efficiently and ensure you get the best possible deal tailored to your situation.If you're interested, feel free to reach out, and I’d be happy to discuss your project in more detail and guide you through the process.Looking forward to helping you succeed in the U.S. market!
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10 October 2024 | 14 replies
They can guide you through the process for disputing the classification and updating the records.Submit an Application: You may need to fill out a formal application or request to change the property records.
11 October 2024 | 11 replies
Refer to The Ultimate Guide to Grading Cleveland Neighborhoods to see which B-Class or above suburbs work for you and your family.
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3 October 2024 | 3 replies
I am wondering if everything in the Ultimate Beginner's Guide and other real estate books for beginners that were written a decade or more ago still completely apply to nowadays investing.
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9 October 2024 | 13 replies
I am also a big podcast fan so I've been doing the above books as audio books with the PDF guides to follow along and take notes.
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9 October 2024 | 8 replies
It's important to do your research and know the current laws. https://law.justia.com/codes/m...Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.
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9 October 2024 | 11 replies
For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/usersI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alertsThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides
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9 October 2024 | 28 replies
If they stay more than five days, I recommend treating it somewhere during their stay.There are a lot of guides on youtube or Google specific to short-term rentals.