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Results (10,000+)
Michael David Need a Real Estate Lender?
24 October 2024 | 5 replies
If not, then 2 things come to mind:1) you should not give the impression you are associated with BiggerPockets.2) this is advertising/self-promotion that should be in the Classifieds...Thought I'd share that before a Moderator chimes in......My 2 cents,Mike
Ryan Cleary $4,500 for 5 Zillow Leads....
28 October 2024 | 23 replies
This approach works well for wholesalers who sell deals to flippers, and flippers or realtors can benefit even more by taking the extra step to generate their own off-market leads.No one said methods like cold calling, direct mail, or Facebook/Google ads won’t help a realtor find off-market opportunities.Just a friendly thought, especially given the high costs associated with Zillow leads.
Tony Dinh Financing Sfh Vs Fourplex
25 October 2024 | 4 replies
@Tony Dinh Usually the LLPA associated with a 2-4 unit (vs.
Yoana Yordanova I can't find renters for my townhouse in Atlanta, GA
26 October 2024 | 50 replies
For the past 7 months of the property being on the market we only got 3 inquiries, 1 submitted questionnaire (which I guess is a survey before the application meant to vet renters, before they pay for application, is what I am told by management company).
Mark Hamilton New Member to Bigger Pockets Forum
24 October 2024 | 9 replies
Check out REI Central, CHS Circle, and the Tri-County Investors Association.
William Coet Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
Bielinski, TimOBrien, Stepping Stone, Korndorfer, Kaerek, Harbor Homes, Demlang .. check out the Metropolitan Home Builders Association.
Victor Soni Home Depot Perks
24 October 2024 | 18 replies
I called they only to find out that its the phone number to the National Real Estate Investors Association
Dan Illes Demolish, Subdivide, Flip
22 October 2024 | 1 reply
There were some costs involved for demolition, making an application and a survey coming in around $30,000.One of the best parts of this deal was the “return on time”.
Archie Barrett How lenders typically calculate DTI
24 October 2024 | 16 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).
Ignatius Okeke Tools for finding off Market Deals
25 October 2024 | 9 replies
This probably sounds a little like wholesaling or being a Realtor, and it is.If you don't want to spend $1,000's to build this out and take on the associated tasks, there are other, more cost effective, options.I'd recommend looking for potential deals via free (or low-cost sources) i.e. local meetups/networking, Courts (probate & lis pendens lists), Realtors, Wholesalers, properties for sale online (especially those with 90+ days on market), etc.All the best!