Tim Goddard
How to find future development?
24 June 2024 | 4 replies
They often have insider knowledge about upcoming projects and market trends.Attend Community Meetings and Workshops: Many cities host community meetings, workshops, or open houses specifically for discussing future development plans.
Suzanne Boles
Hello BiggerPockets! New PRO here
24 June 2024 | 5 replies
My husband and I would like a 20 to 100 unit and I will be helping my mom sell her Hawaii single family investment house and 1031 it into a more lucrative multifamily investment to at least triple her income.
Tomer Maoz
Should i pull equity from my rentals using HELOC
23 June 2024 | 12 replies
.), and it also requires the property to be in my name (not in an LLC).Does anyone know of a bank that will do HELOC on rentals in NC that do not require the property to be in the owner's name and/or is not limited by how many mortgages you already have on other rentals?
Steve Gardiner
What is a good target CoCROI for a Multi-Family House Hack?
20 June 2024 | 1 reply
This is going to be my first property I am purchasing and I am looking to house hack by buying a multi-family with 5% down.
Jack Saunders
Online Real estate agent classes
23 June 2024 | 3 replies
We are not new to real estate as we are flippers and rental property owners.
Jason Hutcheson
Hard Money Lender Options
22 June 2024 | 12 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
David Louthan
Buying a Tri-plex with under Market Rents
24 June 2024 | 5 replies
Rents are at market level now and I paid off the loan from the proceeds of another house I sold.
Michael Morrongiello
Does a HUD 2nd lien GET wiped OUT if the 1st lien Forecloses ?
21 June 2024 | 5 replies
ANYONE Experiencing THIS SAME situation -We may see MORE of these moving forward in the Inflactin dirven Bidenomics Paycheck to Paycheck Economy This property is CA - Estimated ARV $525K to $550K +/- 1st lien was modified several times (TWICE) to TRY to keep the Debtors in their house.
Jeff Bousquet
Springfield MA Market
21 June 2024 | 13 replies
.- Very low appreciation unless there is a large market shift -- major new employer, city takes many housing units offline via eminent domain, a college greatly expands without additional housing, etc.The list goes on.
Ryan Fox
Form an LLC to manage property for first rental unit?
22 June 2024 | 8 replies
We have rented houses before, but always used a management company.