Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
ok im about to make an offer on a duplex. My cost i going to be $93,000. My mortgage is going to be $758 a month, and my two units are occupied at $450 on each side. This is below the little cul-de-sac. So we got ...
The syndications that are going belly up are getting a ton of attention in these forums. Despite this, there’s still a ton of appetite for participation. I am sure BiggerPockets recognized this with the rollout of Pas...
I’d love some advice on making my first property purchase and whether I should look to buy a duplex and house hack in my current HCOL city or instead focus on finding an investment property out of state.
Here’s some...
If there's one thing I learnt from the massive crash of CRE in 2023(and 2024) is that "Do not become passive investors". WHen you are passive investor, you become the dumb money , your money is being misused or misman...
I live in Simi Valley - about 40 minutes NW of Los Angeles, so real estate isn't cheap around here.I'm a new member, and have listened to about half the podcasts. Fantastic info for sure. However most of the time, t...
Hey Gang,
I'm taking the sound advice of some really smart people from the BP community, and have decided to spend the necessary time to develop a formal Business Plan.
In an effort to do that, I've considered a fe...
Hi BP community,
I FINALLY finished house hacking a duplex in San Antonio! We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.
Here's a...
I come from the world of stock and bond investing, and am looking to diversify with fractional trust deeds purchased from a HML. I'm considering 1st position TDs with <70% LTV. The RE used as collateral are eithe...