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Good evening BiggerPockets! I am looking for advice on an issue I am experiencing in the 11th hour with my credit union.I am purchasing a duplex to be owner occupied with my girlfriend. - We have a close date of Febru...
I have one SF property in Orlando with $200k in equity and one in Ormond Beach with about $150k in equity. I want to leverage that to scale up into a MF property.What's the best way to do that and what entity is the b...
The U.S. rental vacancy rate edged slightly higher to 7.1 percent in 2018 Q3, but this is still below the 7.5 percent vacancy rate in 2017 Q3. The U.S. rental vacancy rate averaged 9.6 percent from 2000 Q1 through 201...
I don’t know if it’s my market or what but I often see mf properties that are boasting around 8% cap rate but the current state of lending is around 8% so there is no cash flow to be had? Am I missing something?Is tha...
hello all, I’ve been interested in purchasing a mobile home park for a while but know very little on the subject. I came across a park with an asking price of $120k for 10 units, 0 park owned homes, 100% occupancy rat...
Hello all,I just started looking into tax liens and learned that the interest rates have dropped a lot in counties where the auctions are held online. I wanted to get a general idea of how much people are seeing in t...
Hey everyone!I know Florida is the topic of discussion for many reasons but in this thread I’d like to focus on real estate and preferably Residential Multifamily properties (1-4 units)With many towns and cities throu...
I would like to get a couple inquiries removed from my credit report that I legitimately applied for. I have read that you can send a letter to creditors asking to see the paper you signed for the inquiry and if they...
What’s your guys favorite ways to stress test your underwriting? I heard there’s 2 most common ways to stress test underwriting:1. See what happens if interest rates increase before you close 2. Seeing what is the low...