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So I got out of class last night and my professor was telling me that, in order to do an income(investment) property, you will be charged with a higher interest rate compared to a property that you would finance for y...
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Hey guys,
I wanted to get your opinions on where you see mortgage rates going in the next 6 months - 1 Year. Obviously hard to answer given the circumstances but are sub 3% 30 year fix rates on the horizon ?
- Mike
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I recently acquired a vacant 6 unit building in a very good area (definitely A class) using private money from my investor.
I cater to a specific niche market of renters that allows me to charge considerably ...
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Biggerpockets Friends,I have a situation where a tenant recently vacated my property. For the most part they left the condition of the home in pretty good shape. However, in an attempt to ensure he gets his security d...
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Hi, everyone. I am a wholesaler in the Portland, OR metro area. I am currently working a deal with a seller. He wants $157,000 for the property but it is in terrible condition. The property is zoned r5 meaning that I ...
Is it just me or is it very difficult to find insurance for a multifamily home? I've spent the last 4 hours calling various insurance agencies and have not been given a single quote. All of them are considering a 4-pl...
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What's up BP fam. I am in an odd position and seeking best direction to get my 1st BRRRR property refinanced.I purchased my investment property using a HELOC from my primary property and a Hardmoney lender.Simply put,...
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https://www.biggerpockets.com/calculators/shared/1300912/0d5c3566-6846-46fd-bee1-f900bf68a04b
*This link comes directly from our calculators, based on information input by the member who posted.
No...
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Greeting BiggerPocketsI`m a tenant in PA (Chambersburg) who`s about to resign a lease but I have some concerns someone more experienced may be able to answer.A few months back we had a water pipe burst in the living r...
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I just started renting to a tenant for a month. Within a month, she has caused multiple issues to the property, estimating repairs is closed to a thousand dollars just within a month. I paid in the beginning hoping ...