Hey BP,I recently completed the rehab and placed tenants for my first single family BRRR deal in Chattanooga, TN. Now it is time to refinance!I have been hearing from lenders that it is a Fannie/Freddie requirement to...
Hopefully this is the right thread for this question and thank you in advance.TL;DR - own a few rentals, DSCR is 1.05, could take out a bigger loan against a property to get more cash for next purchase, DSCR would go ...
Quick question about the BRRRR strategy. I understand the strategy when you have a higher interest hard money loan and you want to refi into a 30 year fixed lower rate but can someone explain how it can work when you...
Looking for ideas! I’m an actual rookie and had no experience with investment properties. My husband and I just bought a single-family home, but we are only using 2 rooms out of the 4 rooms we have (3 beds with a stud...
Hello, I recently received an offer from someone who is willing to pay me a monthly rate higher than I am currently asking for in exchange to sublet my property as an STR. Does any have any experience with these short...
What side hustles have you done to earn extra money to purchase a first real estate property?
Hey there bigger pockets!Hope all is well! Just want to come on here and air out some of the challenges my team is facing and wondering what everyone else did when they ran into something like this. We currently have ...
Hello everyone,
I've recently made the decision to prioritize building long-term financial wealth for my family. However, I currently find myself in about $100,000 of debt, which includes school loans, car loans, and...
In August, Realtor/MLS rules change so that buyer agent written agreements are required, and the MLS will no longer state a buyer commission amount. Both buyer and listing agent commissions will need to be agreed to b...
Greetings everyone,My name is Kris, I am 29 years old and currently stationed at Fort Bragg, NC. I was told about bigger pockets this past week and since then I've been obsessed with this site and the podcasts. Since ...