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27 January 2025 | 27 replies
I would love to invest somewhere in the vicintiy of where i live, not possible with the market. thanks!
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13 January 2025 | 5 replies
Continually communicate clearly with all parties involved to make sure that expectations are as close to realistic timelines as possible.
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22 January 2025 | 12 replies
But be mindful of the debt service requirements and ensure your rental income is sufficient to cover the loan payments.It’s definitely possible to scale up with DSCR loans—many investors use them to build large rental portfolios.
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14 January 2025 | 4 replies
Maybe sit down with her and look at the finances for her and if it makes sense for her to buy the X out and refinance if that is even possible.
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29 January 2025 | 31 replies
@Sang Kim- thanks for clarifying you are trying to get a commercial loan ...this is a completely different product than a home loan ...You still should be able to locate and obtain a good commercial loan without having to pay any fees upfront ( other than possibly paying for the appraisal after the loan has been approved )
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15 January 2025 | 5 replies
To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.
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20 January 2025 | 31 replies
You're better off opting for an interest-only mortgage, saving on payments, and then refinancing it into something more conventional when interest rates drop—or, if possible, making a plan to pay down the principal.Interest-only loans, which typically last for the first 5 to 10 years of the loan term, offer two key benefits.
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16 January 2025 | 6 replies
Dave Meyer and Henry Washington shared their opinions on purchasing a deal sight-unseen in yesterday's episode of the BiggerPockets Real Estate Podcast: How to Buy Multiple Rental Properties a Year (Is It Possible?)
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16 January 2025 | 5 replies
@Caleb Brown I like your idea about buying as many properties as possible while we're young.
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15 January 2025 | 6 replies
Insurance companies want to fix it the cheapest way possible, and their goal is to minimize out-of-pocket expenses like this one.