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Results (10,000+)
Santiago Goytia Zamora Sell by owner
19 September 2024 | 3 replies
Next I reached out to an abstract company to update abstract but I don't know what they need to add on it from me end bc I am selling (not buying and getting a loan).I got a quit claim deed ready but I won't sign it until I get my money.Do I need to get an escrow company involved?
Clemens Georg New investor looking for guidance to buy first property.
18 September 2024 | 7 replies
I know i have a long road ahead of me to able to achieve this goal, but I'm very motivated to make it happen.
Andrew Hinspater General tenant screening qualifications & questions
19 September 2024 | 1 reply
Do you know how to read the credit/criminal background?
Tomoko Hale STR related questions
18 September 2024 | 19 replies
They will know the local requirements and come up with a quick design.
Nancy Bachety New from VRBO: Automatically giving your guests a discount
18 September 2024 | 20 replies
I would have hoped they let the person turn it on manually instead of making sure the entire email is read to know you can opt-out. 
Davian M. Investor Friendly Lenders: Looking for a Cash-out Refi in South Carolina
19 September 2024 | 13 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Caleb Raymaker Are there not many Michigan Agents on BiggerPockets ??
18 September 2024 | 11 replies
I'm over on the West Side of the state so wouldn't be able to do a meet up in Detroit but I know there are some Detroit agents around so just keep monitoring this thread and I'm sure you'll get some participants soon
AJ Wong 📉 FED Rate Cuts equals investment incentive for STR & CRE investors
19 September 2024 | 1 reply
I had investors calling me cheering about the rate cut, little did they know it has been already priced in.
Ashley Rudd Help picking a brokerage that fits my needs as a new agent but primarily an investor.
18 September 2024 | 6 replies
You want a group or someone that knows this side of the market and will take the time to talk to you about it.
Wiley Strahan Refinancing Small Commercial Building
18 September 2024 | 6 replies
The loan amount would be between 900k  - 1M which means it is just under Agency guidelines (know fannie goes lower but I don't think its worth the headache).