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+)
Angel Perez Can I get a loan for a property uninhabitable?
24 January 2025 | 12 replies
Any HML will want answers to those questions plus a rehab budget before getting you a term sheet for a fix n flip loan for this property.I close these types of loans all the time, if you have any specific questions about the process don't hesitate to reach out.
Jeffrey Bourque Found a Deal but Not Sure
27 January 2025 | 7 replies
Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
Ghita Mueller my second investment
24 January 2025 | 3 replies
Couple questions for you, as I am an agent and aspiring investor.
Maxwell Silva How do I market myself as a new agent?
25 January 2025 | 26 replies
Always end with a question.
Grant Shipman How Co-Living Can Help You Get Started Earlier, Faster, & Better!
9 February 2025 | 3 replies
Thanks for asking a clarifying question
Quan Pham Stressing over what to do next
4 February 2025 | 9 replies
A few questions:1. 
John Keane Where to find gap funds?
22 January 2025 | 14 replies
I think you bring up a good point of considering offering higher returns to investors if I have to begin to search outside of my network.But my original question from the post still remains, where would you recommend I search for people interested in an opportunity like this? 
Stacie Casella Investing in Clarksville Tennessee
26 January 2025 | 3 replies
I'd be happy to connect further regarding your questions about more specific and nuanced details. 
Kane Spangler Modular New construction Loan advice
22 January 2025 | 3 replies
That's the question that needs answered.
Parker Robertson Rent to Retirement Academy Experience
25 January 2025 | 17 replies
I'm happy to answer any questions anyone may have!