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10 June 2024 | 4 replies
Why do you think purchase contracts are so long and have such small print?
9 June 2024 | 6 replies
Based on my analysis, the recommended Purchase price is coming up way lower than the asking price.
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12 June 2024 | 23 replies
If you're looking for somewhere fairly safe and consistent to store cash, land purchases in this area could be a good option.
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10 June 2024 | 6 replies
Hi All,I recently purchased my first investment property and am going through the closing process.
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12 June 2024 | 57 replies
I'm a smaller self-managing investor (just closing on door 17 this week) and have been using Cozy.co ever since I purchased door #1.
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9 June 2024 | 1 reply
Last year, I purchased my first multi-family property in Holts Summit Missouri.
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9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.
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9 June 2024 | 4 replies
Purchase price: $95,000 Cash invested: $30,000This was my first rehab.
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9 June 2024 | 6 replies
Otherwise, you'd need to based the financing based off of the purchase price (possibly plus renovation).Since Conventional rates change daily and the rates have jumped recently, DSCR rates actually are in similar range at the moment.
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7 June 2024 | 2 replies
Hello BiggerPockets Community,I recently closed on a duplex near Florida A&M University in Tallahassee on March 31st. I'm currently living in one side of the duplex and planning to rent out the other side. The pro...