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15 October 2024 | 3 replies
@Sam Peterson You can utilize different online companies (web, phone apps, etc.) for this but if you're new to REI you could gain traction by making your own.
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17 October 2024 | 3 replies
If this is your first deal, you're likely going to have a rate in the 11%s with approximately 3 points...give or take.
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15 October 2024 | 1 reply
My heart skipped a beat with excitement when I heard this.
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15 October 2024 | 5 replies
This means the crime level shouldn't be high, the median income > $40K - $45K, and there should be enough homeowners in the neighborhood.What else I should care about?
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18 October 2024 | 10 replies
Not worried about repairs, more just collecting rent from tenants willing to live in this neighborhood.
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16 October 2024 | 1 reply
We didn't end up going this route on our remodel, but there were 2 designers we talked to who do everything virtually which saves a ton on costs.
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15 October 2024 | 21 replies
Just for some info, we have to do DSCR loans at this point in our life and we will not be selling in the next 5 years.
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16 October 2024 | 7 replies
This may be the case to either leave cash in the deal or if you are unable to cover the payoff of the first mortgage, you may have to sell.
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16 October 2024 | 13 replies
If you go into this with the "taking care of families who can't take care of themselves mindset", these people are going to tear your business apart limb from limb.
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15 October 2024 | 12 replies
I am new to Bigger Pockets and this is my first post, so I apologize if these questions may seem very basic to some.