Floyd Ferjuste
COVID-19 Recession & buying oppty
31 March 2020 | 14 replies
Now if this is the trigger for a systematic recession over the next year that might cause things to significantly decline over the coming couple of years but that is a long way off.Trump will borrow every dollar imaginable to try to keep the market going and that will have bad effects down the road and the fact that rates are already at zero makes it very difficult to stimulate more.
Ryan Groff
Additions in Raleigh Durham
22 March 2020 | 9 replies
I started my investing in Fort Worth and a number of my flips were in older neighborhoods near downtown where I could add a master suite for about $105-$110 a square foot, and have the finished product selling for over $200 a square foot.There seem to be plenty of small 600-800 sq ft bungalow style homes near downtown Raleigh and downtown Durham that would be perfect for this.
Justin DeMontier
To Close or Not to Close...
20 March 2020 | 6 replies
The only way to know that is by a letter from the city/county and or a rebuild letter that states the subject (specifically) was grandfathered into current zoning, what was allowed on the property and that it can rebuild if damaged or destroyed.”Circling back to our initial conversation, I can assure you that we will be able to refinance this property, however, the term length and loan product simply depends on the use type at the time of refinance:· If permitted as a triplex (or grandfathered in): we will be able to offer the 30 year rental product.
Ryan Daigle
Is Multifamily Truly Recession Resistant?
21 March 2020 | 28 replies
"The asset class is known for its survival during a downturn, but with so much class-A product on the market, will its reputation hold?"
Michael Greenberg
To Exchange or Not To Exchange, that is the question?
24 March 2020 | 4 replies
You could very well be a good candidate for a move into commercial, NNN, or fractional products that are all 1031 compliant
Johnathan Simeroth
Columbus Ohio Mortgage Brokers
16 March 2020 | 6 replies
I'm looking for brokers that work with a number of lenders to source a variety of loan products, and can help me look for the best rates and terms for my specific needs.
Timothy Ahn
Newbie from Los Angeles, CA
22 March 2020 | 11 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proUse the Bigger Pockets glossary to learn more about real estate terms that may be new to you: https://www.biggerpockets.com/rei/glossaryThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides
Daven Joseph
Help me I need clarification!
19 March 2020 | 5 replies
Outside of specialty products and programs.
Chris Kuhlman
Property insurance for rental properties
23 March 2020 | 4 replies
If your agent/broker is knowledgeable about those types of products and has them available, it's likely more efficient for you to implement a single "master" policy for your properties.
Al Pat
Federal reserve rate cut to 0%, what would that mean to us?
16 March 2020 | 2 replies
The rate cut might backfire...European markets responded unfavorably - seeing it as a desperation move by the US to avoid further stock market decline.