Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Marysue Connelly Centennial Rental -how to not renew the lease
19 May 2024 | 3 replies
Here is a link to a Colorado Sun article with a great summary of the "For-cause eviction bill" https://coloradosun.com/2024/04/08/colorado-for-cause-evicti...So, in the future, you might have a harder time discontinuing a lease with a tenant that is "difficult" but otherwise abiding by the terms of the lease agreement if the bill becomes law.
Cody Miller Where to start
19 May 2024 | 10 replies
Have you been aggressively paying down your mortgage while you are in there to earn even more equity over the longer term
Andrew Lopez Down payment used for BRRRR strategy?
20 May 2024 | 11 replies
You'll need a clear exit strategy to refinance or sell the property before the loan term ends to avoid penalties. 
Josh Harris Investing in Atlanta, GA and surrounding areas
19 May 2024 | 24 replies
My company signs long term leases with investors to lock in great returns with them.
Chris Mason Texas 7% Cap Rate Apt Building Refi Terms Review & Survey - May 2024
16 May 2024 | 1 reply
The below terms are live as of this date, for a rate and term refi (no cash out).From left to right:Points: 1, 1.25, 2.Prepayment penalty: 10 years, 3 years, 5 years.Commentary/review, hopefully this thought process is useful when evaluating offered terms for a maturing commercial mortgage that needs to be refinanced. 
Davon Broadwater Can DSCR Loans Apply to Off-Market Homes?
16 May 2024 | 10 replies
There's nothing better than getting an FHA or conventional offer accepted by an unsuspecting seller, knowing you will have plenty of opportunity to re negotiate once the appraisal comes back.
Susan M. Eviction "dismissed without prejudice"
17 May 2024 | 25 replies
She stated that she had to dismiss the case in the basis that they accepted the money so they are pissed.
Jane Kim What should I do with my 70k cash?
20 May 2024 | 14 replies
Make sure you’re comfortable with all the terms before diving in.
Trenton Custard Cash for 1 home or buy 4 homes with 20% down on each for 139000
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.
Cody Z. Has anyone used Lower.com for HELOC?
19 May 2024 | 9 replies
She was the main contact in terms of any additional requirements from underwriting.