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4 October 2024 | 4 replies
Similarly, if you put all Class D tenants in a Class A 4-plex, what do you think will happen?
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4 October 2024 | 17 replies
It all sounds fishy and doesn't sound like anything real investors do.
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26 September 2024 | 3 replies
No - "DSCR Loans" are for residential investment properties only (with only a very minor exception for small mixed use properties that are majority residential in nature in every way)
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27 September 2024 | 22 replies
I had hoped that the natural draw of Disney etc would work in my favor but there's just too much inventory.
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4 October 2024 | 10 replies
.- G: there is no refund at all with a cancellation and resubmitted the same alteration request. - M: the alteration request is 100% refund for unspent nights, which is not in line with the cancellation refund policy and would leave me at a loss.
4 October 2024 | 26 replies
There are about 7 SFH in the surrounding 2 mile radius, all about the same size (3-4 bedrooms), and all listed around the same price ($2500-3100).
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4 October 2024 | 2 replies
We typically don't have trouble with getting 80% of your purchase reimbursed to you as long as the DSCR hits 1.00+.Here's a quick breakdown of the eligible loan amounts based on an all-cash investment strategy:• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]Happy to discuss your specific deal whenever you've got time to review.
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3 October 2024 | 7 replies
Hi all, Baselane is hosting a CEO fireside chat titled 'The Inflation Equation: Impact on Real Estate and How to Navigate it'If you're attending BPCON24 in Cancun, join us on Monday 1:15pm EST.
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5 October 2024 | 5 replies
I think you're assuming he's paying in all cash and holding, but what he's trying to do is buy, rehab, and then refinance.And again, the only way this works is if you buy a distressed property way under market and force the ARV up.I have done a few BRRRRs that worked and a few that didn't.
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25 September 2024 | 11 replies
Simple, get the book: "Lend To Live".It's "the Bible" of the lending business and it's featured here on BPhttps://store.biggerpockets.com/products/lend-to-liveMike