![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/353482/small_1621446152-avatar-veno1128.jpg?twic=v1/output=image&v=2)
14 January 2025 | 8 replies
That feature is so basic I never would have thought to even ask first if it was included.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1126396/small_1662939501-avatar-themilitaryceo.jpg?twic=v1/output=image&v=2)
17 January 2025 | 20 replies
Sellers often favor buyers who can make larger down payments, as it indicates stronger financial backing and reduces the risk of the deal falling through due to financing issues.Additionally, SFH properties are more accessible to a wider range of buyers, including first-time homebuyers and families, which can lead to less direct competition from institutional investors.
7 January 2025 | 1 reply
I recognize there are other ways I could invest this cash (including another property) but I am being mindful of levering myself out too much in the current environment where job losses are more common in my industry (tech).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2899884/small_1703045691-avatar-taylorh256.jpg?twic=v1/output=image&v=2)
7 January 2025 | 8 replies
I would keep detailed records of my deals to include photos that I could use later when I am approaching a potential funding partner.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3165733/small_1736197818-avatar-coled71.jpg?twic=v1/output=image&v=2)
10 January 2025 | 9 replies
Our interests include the BRRRR method, acquiring value-add multifamily properties, and even diving into full development projects.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3149871/small_1732507889-avatar-ritum7.jpg?twic=v1/output=image&v=2)
7 January 2025 | 5 replies
@Ritu MahajanBuild a solid local team, including contractors, property managers, and lenders experienced with BRRRR.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2433355/small_1695010032-avatar-diandrep2.jpg?twic=v1/output=image&v=2)
20 January 2025 | 23 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).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/474908/small_1694675684-avatar-garyc23.jpg?twic=v1/output=image&v=2)
9 January 2025 | 17 replies
I would work on my communication of my processes including letting them know asap of their schedule with me.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164258/small_1735934830-avatar-melk26.jpg?twic=v1/output=image&v=2)
6 January 2025 | 9 replies
• Should utilities, internet, or services like snow removal/lawn care be included, or not?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3158819/small_1734567536-avatar-paulh630.jpg?twic=v1/output=image&v=2)
6 January 2025 | 1 reply
BP doesn't allow any form of marketing in the open forums, which includes your business or services.