Faiyaz Hashmi
Real Estate Rookie New to BiggerPockets
10 August 2024 | 5 replies
Those are easy to finance, and the financing is solely based on the properties income using a DSCR ratio for qualification.I would look for a property like this one, https://www.zillow.com/homedetails/5810-21st-Ave-Kenosha-WI-...Lets say you could buy it for $100k, and its $50k in rehab, and ARV will be worth, $200k.When you do the rehab, make sure all the mechanical systems are brand new, then you will have relative few repairs for the next 3-5 years.I can get you a loan for $90k purchase, and $50k, rehab, once its finished you can refinance into a 30 year fixed rate loan between 6.5-6.8%, and cash flow.
Sharma Parth
newbie BRRRR investor - does this sample deal look good?
9 August 2024 | 13 replies
This way your portfolio stays fresh, non-taxed, and productive.I have clients who have done upwards of 30 1031 exchanges in a given year - all on properties they had owned for at least a year.
Account Closed
Feeling Frustrated and Seeking Advice
10 August 2024 | 6 replies
In my opinion, paying for a coach is going to help get you to where you want to go faster especially if you are brand new to wholesaling.
Nicholas Ludwiczak
Making an offer on a self storage business
10 August 2024 | 10 replies
Don't ask, unless he just built all of this and it is fresh on his mind.
Eryn Garcia
What amenities do your guests like/love/ comment on in your houses.
9 August 2024 | 9 replies
I have done interior ivy walls, ice cream makers, fresh squeeze orange juice, and even converted an outdoor shed into a "Van Gough Art Studio" to give 1 house a leg up.
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
13 August 2024 | 97 replies
As a brand-new investor, he turned the entire project in less than 4 months and reported a 36% ROI to the agent.
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
Thanks for the feedback.We are investing in a new brand called PassivePockets to specifically address this problem.In the meantime we have a structural problem.
Trevor Levine
Lease or buy a commercial washer/dryer? Pros and cons?
8 August 2024 | 2 replies
Not sure what brand.
Dylan Speer
Subject-To Deals Risky?
12 August 2024 | 37 replies
You get a bit of a premium on a fresh like-new remodel that you lose when a tenant has been living there using things and making them not new anymore. 3.
Jeanne Zozobrado
propstream versus bright investor
8 August 2024 | 8 replies
Actually, tomorrow night (August 8th, 2024 @ 8PM EST) we're hosting our new launch event with brand new onboarding videos, tutorials, email help, and a bunch of new features with giveaways.