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30 May 2024 | 5 replies
I look forward to continuing to learn from the BiggerPockets community as I navigate my real estate investing journey.I’ve had some success on the eastern shore of Maryland, though even that market has started to frankly become expensive, there are still pockets of potential growth both rent & appreciation, thoigh it’s becoming harder to find, also there is a massive rental shortage out there, a county I just put a property contract on, literally has 3 properties for rent right now, but it does make rental comps quite difficult, outside of that I’ve started looking a little more into western Md and some southern pa markets but still trying to get a feel for them, overall I think in this market places that are affordableish and have some draw will do well with the continued wfh + affordability crisis but keep in mind while I think the eastern shore is actually fairly safe market for the most part a lot of rural areas definitely have boom bust potential and in theory more risk than dc metro, though the low price points do by definition tend to mitigate some of those risks.
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28 May 2024 | 10 replies
Im thinking of renting out my primary which will cashflow $650 (no management fee, self manage) because of low interest rate i got it for 2% which still has 2 years before rates renew.
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28 May 2024 | 26 replies
DSCR doesn't typically source funds so it's possible to use as a down payment.
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28 May 2024 | 0 replies
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $300,000
Cash invested: $35,000
Multi-family property with two SFR homes on parcel. Both are 3 bedroom, 2 ba...
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29 May 2024 | 20 replies
They co-mingle funds or hold the opinion that it's "my money."
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29 May 2024 | 9 replies
I fund builders and developers, so obviously, I work with many seeking entitled land.
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27 May 2024 | 6 replies
Unless there is a compelling investment reason to buy it, I think I would choose to save up the extra funds.
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29 May 2024 | 7 replies
Good morning fellow BiggerPockets,I just received a final term sheet from Acqua Funding with a line item called Capital Markets Fee of $2250.
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30 May 2024 | 12 replies
I’d look for a new value add primary (or 2-4 unit) that you can house hack and get a low down payment and best rate possible on.
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29 May 2024 | 0 replies
Low Investment: This strategy required minimal additional investment, reducing risk.