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Results (10,000+)
Melissa Faraias My rental won't rent. What are my next steps?
29 August 2024 | 43 replies
First they don't know if they want your place as they have not seen it.
Sean Minihan What would be your recommendations for learning material to someone starting out?
30 August 2024 | 5 replies
Also, I suggest moving forward when you post on BP let us know what city your looking to invest.
James Keeton Rate and Term Refi After Hard Money
30 August 2024 | 6 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).
David Minaya Should I Change my Agent? What should I look for in an Agent?
29 August 2024 | 6 replies
I dont know your area specifically but this has been my experience in general. 
Daniel Vroman Rusteen Verbal offer lower than other rejected offer but agent asked for a formal offer anywa
30 August 2024 | 6 replies
You won't know until you put it in writing and an earnest money deposit.What happens a lot is someone calls the listing agent and says, "I'll pay $900K for that house." 
Andrew Smith A Few Wholesaling Questions
29 August 2024 | 2 replies
If anybody is willing to help please let me know, Thank you!
Brandon Hutslar Tenant Payment Issues
29 August 2024 | 9 replies
They hand me cash, money order, or cashier's check so I know the funds are good and immediately available.She's trying to scam you.
Kyle Schreur Introducing myself to Bigger Pockets!
29 August 2024 | 5 replies
If you ever want to chat, let me know
Zach Wagner MTR Start Up
29 August 2024 | 16 replies
We know the area pretty well and have a couple of friends in various medical fields that always talk about traveling medical professionals.
Caden Wright 18 yr Old Learning Real Estate Investing
29 August 2024 | 2 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.