24 July 2018 | 3 replies
In regards to the Borrowers’ front-end ratio, does that figure not take into account the rent cash flow that would be coming from the additional units?
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13 July 2018 | 8 replies
I know a lien or unexpected issue could hinder selling the property quickly or add additional costs.
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12 July 2018 | 4 replies
In addition to understanding ARVs I have implemented some fantastic software for my company that has all the built in metrics that allows me to create ARV reports in a snap.
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18 July 2018 | 14 replies
My only non-lawyer additions from what I have read and doing DD on a park with LOs:No one really knows.
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1 August 2018 | 6 replies
I'd rather pay a PM and get an additional $560/Month net.
26 July 2018 | 7 replies
Unfortunately, Jefferson county doesn't report beds/baths/sqFT so you can't use that to narrow down.In addition to the Absentee, good deals can also be found by contacting Seniors with Long Time Ownership.
17 July 2018 | 4 replies
There is an unpermitted addition (600 sq ft) that I can try to permit for about $115 a square foot over my original appraisal, or about $70k.
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16 July 2018 | 2 replies
Additionally, there are 3 units in this house and they are all leased until June of 2019 - so we couldn't move in anyway.Speaking with a mortgage broker, we were advised that - if we were to use a FHA loan as first time home buyers - for a duplex it would be 3.5% down.
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2 December 2019 | 4 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/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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17 July 2018 | 38 replies
In addition, property management companies will keep you at market rent, screen tenants, follow fair housing laws, etc...