3 September 2024 | 8 replies
There are ways to use loopholes but it has to be done correctly to avoid issues.If you can rent your current home and it cash flows simply do a cash out refinance pull out some cash and use it for a down payment.

4 September 2024 | 5 replies
If the new tenant passes your screening criteria, rent to her.

3 September 2024 | 4 replies
the rents can be brought up to market value maybe of $5200 but that doesn't make sense either

2 September 2024 | 18 replies
Set up asset protection that is cost and operationally appropriate for your net worth and in ALMOST all cases AVOID the exotic plans that require a foreign asset protection trust domiciled in Nevis, administered by a Netherlands corporate entity located in Luxembourg, with documentation kept by an attorney in the Bahamas.

2 September 2024 | 7 replies
@Sean PetrashTo find a suitable property for short-term rentals in New Braunfels, consider factors like budget, market realities, property type, location, financing options, contingency planning, STR research, alternative rental strategies, driving for dollars, property management, and long-term vision.
30 August 2024 | 15 replies
Located on the elbow of the shopping center.

2 September 2024 | 6 replies
Average rent was $1,981. 180205 (Cole, Whittier neighborhoods) - Rents increased 38.50% from 2011 to 2020, going from 13,499 renters in 2011 to 18,691 renters in 2020. 280247 (Windsor neighborhood) - Rents increased 31.80% from 2011 to 2020, going from 15,551 renters in 2011 to 20,493 renters in 2020. 280222 (Denver, Cherry Hills Village) - Rents increased 47% from 2011 to 2020, going from 8,446 renters in 2011 to 12,416 renters in 2020. 280202 (Downtown, Union Station area) - Rents increased 81.30% from 2011 to 2020, the fastest growing among the zip codes mentioned, going from 6,185 renters in 2011 to 11,214 renters in 2020. 280206 (Cherry Creek, Cheesman Park, Congress Park) - Rents increased 1.4% year-over-year as of 2019, with average rent of $2,454, the most expensive in Denver. 1For the Denver metro area overall, rents increased 0.2% from January to February 2024, a similar growth rate compared to the same period in 2023.

1 September 2024 | 3 replies
Hi BiggerPockets Community,I’m currently looking to invest in foreclosure properties and would appreciate any guidance on where to find them in San Antonio and Austin.Could anyone share their go-to resources or strategies for locating these properties?

3 September 2024 | 2 replies
Get your foot in the door by offering a commission above market, like 4% of the first year's rent.3.

4 September 2024 | 7 replies
Property ARV: $450kTotal in: $350kMonthly rent: $4000Monthly taxes & insurance: $530[Loan 1] (via broker)75% LTV1.5% origination fee ($5062)Other fees: $1595 underwriting + $1295 processing (=$2890)Interest rate (floating): 7.25%5 years PPPMonthly P&I: $2,278Rent - PITI = $1,192***If appraisal comes back high enough, may be possible to do 80% LTV at 7.99%[Loan 2] (direct lender)70% LTVNO origination feeOther fees: $1,395 underwriting + $695 processing (=$2090)Interest rate (will not change): 7.375% 5 years PPPMonthly P&I: $2,152Rent - PITI = $1318---------------------------I really like how there's no origination fee with lender #2 so I get to keep more of the money I pull out.