Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Lisa Fortune Investor Challenges when securing fix&flip loans
4 September 2024 | 6 replies
some good examples here already but would add minimum loan size / property value I see a lot, unfortunately have to turn away a lot of people (esp. those just starting out) because their budget is too low and the property doesn't have enough value juice to make it worth it as a lender (plus more risky)
Theresa Rivard Late start investing
4 September 2024 | 9 replies
Have little bit of cash in stocks.
Peyton Culberson New Landlord - Can I end the Lease Early?
7 September 2024 | 5 replies
How do you want her to leave....hey if you'll get out by Friday and leave your room clean like you got it, I'll pay you $500 in cash, because no one is happy right now.Good luck....it's not easy.
Matthew Sarro How necessary is a history of personal financial statements for a lender?
3 September 2024 | 20 replies
It's great to watch that net worth grow with real estate!
Jethro Stoltzfus Paying off my personal home mortgage or saving for an investment property?
7 September 2024 | 12 replies
During that time, property will have appreciated, as a general assumption, so it's going to be more expense to purchase an investment property and you have lost out on appreciation, and possibly cash flow. 
Grant Baker Investing with partner - Tax advantages
6 September 2024 | 7 replies
But for the unit you’re living in, you can’t do that.2.50/50 Split: Since you’re splitting expenses down the middle, make sure you both agree on how that’s going to work, especially since your unit won’t be bringing in rent.3.Your Unit: You won’t get to write off depreciation or rental deductions for the unit you’re living in, but you might still get homeowner perks like mortgage interest deductions.4.Partnership Stuff: Just make sure you and your partner are on the same page about how you’re splitting costs, income, and who’s handling what.Might be worth chatting with a tax pro to make sure everything’s set up right.
Crystal Mendoza Property manager for long term rental
6 September 2024 | 8 replies
My question is with all of the apps and technology these days, is it worth trying to manage this property on my own?
Dasha Kosty My first house hack investment with reno in a high cost of living area
5 September 2024 | 2 replies
I am trying to figure out if it would be worth it to just bite the bullet and ADU the basement because of the appreciation that I will receive.Interestingly, this property was on the market for over 100 days because the seller was firm on the price, but I was able to negotiate it down a bit.
Emmanuel Ola Urgent Advice Needed: Choosing the Best DSCR Loan Option Before Closing
6 September 2024 | 4 replies
Scenario 1:Rate: 9.375%Monthly Payment: $1,185.31Closing Cost: $12,768.53Broker Fees: $2,417Lender Fees: $2,170Cost to Buy Rate Down: $0Escrow Fees: $2,797.501 Year Hazard Insurance: $1,044Impound Account: $1,598.04Appraisal Fee: $500Down Payment: $48,000 + $10,526.54 (30% down + closing costs)Total Cash to Close: $58,526.54Scenario 2:Rate: 8.875%Monthly Payment: $1,144.87Closing Cost: $12,768.53Broker Fees: $2,417Lender Fees: $2,170Cost to Buy Rate Down (1%): $1,120Escrow Fees: $2,797.501 Year Hazard Insurance: $1,044Impound Account: $1,598.04Appraisal Fee: $500Down Payment: $48,000 + $11,646.54 (30% down + closing costs)Total Cash to Close: $59,646.54Scenario 3:Rate: 8.625%Monthly Payment: $1,124.87Closing Cost: $12,206.54Broker Fees: $2,417Lender Fees: $2,170Cost to Buy Rate Down (1.5%): $1,680Escrow Fees: $2,797.501 Year Hazard Insurance: $1,044Impound Account: $1,598.04Appraisal Fee: $500Down Payment: $48,000 + $12,206.54 (30% down + closing costs)Total Cash to Close: $60,206.54Scenario 4:Rate: 8.375%Monthly Payment: $1,105.03Closing Cost: $12,768.53Broker Fees: $2,417Lender Fees: $2,170Cost to Buy Rate Down (2%): $2,240Escrow Fees: $2,797.501 Year Hazard Insurance: $1,044Impound Account: $1,598.04Appraisal Fee: $500Down Payment: $48,000 + $12,768.53 (30% down + closing costs)Total Cash to Close: $60,768.53Which of these options do you think is most suitable, given that I plan to pay off the loan sooner rather than later?
Yul Shin Hello from Montgomery County, Maryland
6 September 2024 | 8 replies
An all-cash (or hard money plus cash) offer definitely helps as well.Good luck!