Coty B Lunn
Residential vs Commercial Real Estate
25 June 2024 | 2 replies
Here are some key points to consider:Accessibility: Residential properties are often more accessible to individual investors, especially those starting out with smaller capital.Tenant Stability: While turnover can occur, residential leases tend to have shorter terms, offering more flexibility if you want to adjust rents or change tenants.Market Liquidity: Generally, residential properties are easier to buy and sell due to higher demand from individual homebuyers and investors alike.Emotional Appeal: Homes and apartments can have a strong emotional appeal to buyers and renters, which can influence demand and pricing stability.Purchasing: Residential real estate will require a down payment of at least 10% of the purchase price.
Jodi-Ann Birch
How To: Cash out Properties without having seasoning restrictions
25 June 2024 | 6 replies
I am open to getting professional help so pleaserecommend any, if possibleHi Jodi..most lenders will require a six month seasoning however it’s possible to use the purchase price and do an immediate cash out refi or first position HELOC.
Paige Corsello
Investing in multi-family residential construction?
22 June 2024 | 7 replies
I'm curious if you are "purchasing" the lot, and the improvement is in your name, basically you are the owner?
Suzanne Boles
Hello BiggerPockets! New PRO here
24 June 2024 | 5 replies
I have access to others of like mind that can help me put syndicates together to purchase larger apartments.Outside of real estate, I'm busy as a CFO to a large dental practice that my husband owns that brings in capital for us to invest in RE... and I love taking care of my girls that are 16, 13, and 9 and teaching them all about passive income investing via RE.
Kyle King
Using HELOC to move into next property
25 June 2024 | 3 replies
We have ~150k equity in our current home and are considering doing a HELOC to either purchase or put a down payment on an investment property.
Troy Smith
Very odd lender question
25 June 2024 | 3 replies
Make sure to think the entire process through as it may be more advantageous to to it prior to or after the purchase of the other property for your brother.
Jaena Hong
Step up basis for inherited property
25 June 2024 | 1 reply
It has appreciated a bit since we've purchased and I've been wondering if I should remove myself from the deed.
Adam Eckhoff
Section 8 - What am i missing?
25 June 2024 | 10 replies
QUESTION 1: Would you consider this a good investment; purchasing a renovated SFH, section 8 it, and utilize a management company?
Don Davis
1400 Copper Point Drive Prosper, TX 75078
25 June 2024 | 0 replies
Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.
Thomas Sbahtu
Purchase a land, Plan Purchase and Customization
19 June 2024 | 3 replies
I recently purchased a 2500 sq ft lot on level ground, situated between two existing houses.