Investment Info:
Single-family residence fix & flip investment.
Purchase price: $70,000
Cash invested: $20,000
Sale price: $230,000
This was a slam dunk deal! We added flooring, paint and so...
Hi all, I'm currently under contract for my first rental property in South Florida and I'm finding that the closing cost provided seems high for a smaller loan size. I've attached a picture of the fees worksheet which...
Hey Guys! I need a great referral for a San Antonio property manager! Someone who you could trust your life with! (Do they exist?! lol)I have 5 rental properties and my property manager is not cutting it. Their fees a...
Hello everyone, I am going to manage a rent by the bedroom house hack pretty soon and I am curious as to what systems some of you have used to handle maintenance request. My goal is to manage the property as if I’m no...
Hi everyone,
With talk of market fluctuations and interest rate changes, I think it's prime time for us to dive into strategic adaptations. I'd love to hear your insights on the following:
1. Are any of you pivoting...
Hey BiggerPockets Members,I am 19 years old and very interested in long-term investing I have put together an investing plan for myself to pursue investments that I would enjoy working with. I specifically like cash f...
I'm getting a seller credit at closing for $8000. My Mortgage broker at Ruoff says I should use $4500 for closing costs and 3500 for rate buy down (3900 gets me to 6.25%). This saves me approximately $100 per month (3...
Hello BP members! I have a few questions about a deal I may have found on the MLS. I'm still new and this would be my first rental property purchase. First, what steps should I take when buying a property with tenants...
So I recently bought a property early March of this year with plans to refinance after six months using my rental income as proof of income for the refinance but my bank won't let me refinance out of my current loan w...
When meeting with a lender, what are some important questions that should be asked. Other than how much can I borrow?