Courtney Fricke
Meet Up with Bogalusa, LA Investors
2 April 2018 | 2 replies
I'm not in that area but i wont mind meeting up
Griffin Myers
Starting out on my REI Journey in CLE/PIT
22 March 2018 | 6 replies
If you living there you'll find like minded people who could then be your tenants.
Monique Burns
-newbie-buying real estate
23 March 2018 | 4 replies
The advice I see is that you make your money going in, I have my eye on something and I have my final offer in mind, but my two cents is as long as the price allows you to profit...Never go over....GOOD LUCK!
Sam Nadar
Hard Money Lending - 3 questions you must...
22 March 2018 | 4 replies
Other fees may include appraisal, processing, application, etc - so it's good to know these details up front before you decide on a lender based on interest rate alone.Also, keep in mind if the lender is a Broker or Direct Lender (brokers bring deals to direct lenders and add their fee on top of what they would charge = more expensive for you).
Andresa Guidelli
Successful Women In Real Estate
22 March 2018 | 1 reply
Barbara Corcoran is a name that comes to mind.
Cameron Marmon
Investing in North Dallas C and D Class condo's
27 March 2018 | 8 replies
After looking at a few in the price range I had in mind I have to agree, it may not be the best route for my situation.
Joseph Aizer
Investing in Multi Family
25 March 2018 | 6 replies
@Amanda Hillard would you mind sending me the info on your property for sale?
Tim Schwarz
New to Bigger Pockets but not to Real Estate.. San Angelo Texas
28 March 2018 | 12 replies
I’d like to get to know some like minded local individuals who are also interested in upgrading the circle of people around them.
Rodney Harris
Looking for financing help on an off market 4 unit deal!
22 March 2018 | 1 reply
The closing costs for FHA are out of this world so I wanted to go conventional for a few reasons Smoother closeI know I can qualify for the mortgage amount if I can burrow money to put down and eventually give back of course :)Stronger deal than FHA ___________________Rents $2495Unit 1- $895Unit 2- $750Unit 3- Vacant Unit 4- $850Expenses Property Taxes : $245/moInsurance : $227/moVacancy : 5% (extremely strong rental area)PM: 7% ($171.50)Lawn care: $50/moReserves : $100/moCap ex: $100/MO (very well taken care of stainless steel throughout, roof 5 years old, new paint, HVAC 5-6 years old)Expenses $893.50(Income) Rent - expenses = (NOI) $1476.75Mortgage- $969 (With bridge loan or other burrowed money 30% down (87k) 70%LTVNOI - Mortgage = Cashflow ($507.50)Bridge loan payment - $580/MO87k at 8% 2-3 year balloon -$72.51 cashflow with (bridge loan)$507.59 cashflow without bridge loanKeep in mind I did this for only 3 units, I will be owner occupying this property or should I not?!
Maria Luna
New to bigger pockets.
24 March 2018 | 17 replies
Whatever the mind can conceive and believe it will achieve."