![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3002674/small_1715781402-avatar-mollyj16.jpg?twic=v1/output=image&v=2)
20 May 2024 | 7 replies
FL has hands down the WORST cost's and process's for roof replacements I have every experienced.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2897248/small_1702752779-avatar-malikk23.jpg?twic=v1/output=image&v=2)
20 May 2024 | 5 replies
That's at least $112k+ closing costs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2978015/small_1718400514-avatar-bekzod24.jpg?twic=v1/output=image&v=2)
19 May 2024 | 10 replies
However, I lack experience in the USA market.I propose a hybrid investment model where the lender provides 100% financing for all costs and becomes a co-owner of the property.
19 May 2024 | 2 replies
In the request for order of possession, where is lists the cost in this proceeding, can I add the current and future two months' rent, plus additional costs including court, mileage and hotel stays ect.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/552037/small_1621492398-avatar-saverio.jpg?twic=v1/output=image&v=2)
19 May 2024 | 3 replies
Saving 3% per year will save you $1k/yr, $80/mo, of getting the loan costs you nothing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2514905/small_1699309170-avatar-trentonc18.jpg?twic=v1/output=image&v=2)
19 May 2024 | 3 replies
Here are some pros and cons of each approach to help you decide:Paying Cash for One Home and Refinancing LaterPros:No Mortgage Payments: You won't have monthly mortgage payments initially, which can reduce financial stress.Equity: You own the home outright, giving you full equity which can be used for refinancing.Lower Costs: No interest payments and possibly lower closing costs compared to having a mortgage.Better Negotiation Power: Cash buyers often have more negotiating power and can close deals faster.Cons:Opportunity Cost: Your cash is tied up in one property, potentially limiting your ability to invest in other opportunities.Refinancing Risks: Future interest rates may be higher, making refinancing more expensive.Market Fluctuations: Property values might decrease, affecting the amount you can refinance.Buying Four Homes with 20% Down on EachPros:Diversification: Owning multiple properties diversifies your investment, reducing risk.Rental Income: Potential rental income from multiple properties can generate cash flow.Appreciation: You benefit from the appreciation of multiple properties.Leverage: Using mortgages allows you to leverage your investments, potentially increasing your return on investment.Cons:Higher Debt: You'll have multiple mortgage payments, increasing your debt and financial obligations.Management: Managing multiple properties can be more complex and time-consuming.Market Risks: Market downturns can affect all properties, amplifying risks.Cash Flow: If rental income is not enough to cover mortgage payments, you could face cash flow issues.Considerations:Financial Stability: Assess your current financial stability and ability to handle mortgage payments and potential vacancies.Market Conditions: Consider current and projected real estate market conditions and interest rates.Investment Goals: Align your decision with your long-term investment goals and risk tolerance.Professional Advice: Consult with a financial advisor or real estate professional to get personalized advice based on your specific situation.If you prioritize lower risk and less debt, paying cash for one home might be the better option.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2825070/small_1711757516-avatar-joshh644.jpg?twic=v1/output=image&v=2)
20 May 2024 | 13 replies
Crazy.To be quite honest, if you don't have any experience at all, I would avoid AT ALL COST raising money.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2948846/small_1708054829-avatar-mikhaile2.jpg?twic=v1/output=image&v=2)
16 May 2024 | 6 replies
Could anyone share their experiences or timelines tracking regarding the initiation and costs of property renovations?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1119538/small_1694815916-avatar-moein.jpg?twic=v1/output=image&v=2)
20 May 2024 | 17 replies
also, spend the money on professional pictures. it shouldn't cost too much and you don't get a chance to make a 2nd impression.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3022355/small_1715679288-avatar-garryd16.jpg?twic=v1/output=image&v=2)
19 May 2024 | 5 replies
it doesn't cost a lot to put utilities and parking pads in or even entitle it or to purchase land. it's just a lot of work that no one wants to do. parks are hard to get approved but they are not expensive to develop. it's nothing but utilities and parking pads and an office. harder to finance too, but compared to apartment development or mixed use development it is one of the cheapest and highest performing assets because of reduced construction costs.