Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Imani Porter-Clinton Very new (future) investor! I'm hoping to connect!
22 January 2022 | 12 replies
Are you going to hold long-term, or is this a stepping stone to a larger or different property? 
Blake Ramsey Financing Strategy from 1 to 36+ SFHs
23 March 2022 | 3 replies
Therefore, working with a large real estate lender (such as CoreVest..if you find a better let me know) opens many doors. 1 Portfolio Loan with cash out:All of your individual mortgages become one mortgage associated with an LLC which will be re-appraised at current market values giving the opportunity to cash-out.
Ev Conrad Liquidated damages if no *good* loan...
12 June 2022 | 4 replies
Hello all,Have an offer on a property, since I am using the property itself for the loan I am wondering if the lenders I am prequalified with only offer loans with rates/terms I am unwilling to accept, would this trigger the liquidated damages clause? 
Todd Chandler Struggling To Evaluate STR Opportunity
4 January 2022 | 0 replies
There is another cabin in that same resort community that is comparable in terms of condition and is slightly larger renting for about $100 per night on average.What questions should I be asking myself?   
Sandy D. How to structure seller financing deal
13 January 2022 | 7 replies
The loan to your buyer should have a higher interest rate, larger monthly payment, and longer term than the number of payments remaining on the underlying loan.Most investment property is held in an LLC or other business entity.
Veton Krasniqi New to rehabs, looking for some details in the NY,LI,NJ areas
4 January 2022 | 2 replies
I'm looking to buy houses with a big enough profit margin to make it worth while, currently i have about 95k liquid and 45-50k in assets and would love to know anyone's thoughts if they were in my area and in my shoes.   1.What areas to stay away from and why in LI,NYC,NJ. 2.What a basic flip costs using meaning lets say a full rehab or at least getting a close enough ball park figure to make a close to correct offer. 3.What an appropriate price per sq foot would be in the middle class areas of NJ,NY,Li. 4.
Hannah S. No Income/Excellent Credit Score Loans
5 January 2022 | 2 replies
I am interested in purchasing a single family home to live in for my junior and senior year at college, and then use it as a rental after moving to a larger city for a job.
Jacob Miller Looking to move into the Cleveland market.... but....
6 January 2022 | 10 replies
I'm an Ohio native who's primarily invested in Detroit, MI and doing acquisitions for larger funds doing 5-7 deals a month.
Account Closed New Agent Looking for Part-Time Advice
5 January 2022 | 4 replies
You may want to consider exploring the possibility of working on a larger team, rather than on your own, as they might have the support staff and other team members that can work with you and your clients in order to still provide the same full time/full-service experience customers expect.
Kyle Woodruff CAP RATES for evaluating a properties value
4 January 2022 | 5 replies
If I put the two bed 1 bath rents for 800 that is 2400 for those ...the studio I am adding will be another 650 So 3150 for apartments ..With 13 storage units at 55 that is 715 a month but I am adding a larger 14th unit that I will rent for 150 but let's say 100 bringing the total to 815 for storage So 3150+815 =3965In a cap rate appraisal you exclude the mortgage, tax, insurance and cap Ex So expenses are ..Heat 200Water 75Trash 75Landscape/snow 75Repairs 120Vacancy 120Miscellaneous 200That's 865 in expenses but let's say 900So 3965-900= 3065 in profit (noi) x12 months in a year=36780You divide that by the market cap rate..which I am going to use the most recent data of 7.45%36780÷0.0745=493,691can't be right.