Vivian Sung
10% vs 25% down loan options
Newbie investor:
Thoughts about 10% down with 3 points versus 25% down with 0.38 points, 30 year conventional for a STR? This is for a $255k loan, plan to buy and hold. Not turnkey but no major rehab- mainly cosmetic...
Kurtis Johnson
First flip what should I know
I'm looking to do my first flip. I have 3 houses I'm going to look at this weekend to put together itemized repair estimates together for, I also have a my realtor ready to sell and getting actual comps together. And ...
AJ Felix
Rough draft Business Plan
So far I have been working on my business plan following the RE investing guide template on bigger pockets. This is my rough draft up to this point in time. Is this what it should be looking like and does this sound ...
Joe Edwards-Hoff
Writing Off Improvements- Safe Harbor
I just read this article here and I wanted to confirm the info-https://www.nolo.com/legal-encyclopedia/small-taxp...So, it sounds like I am able to write off some of my improvement expenses, as long as it is less that...
Bill Baldwin
Six months mortgage reserves required?
Hey all - question on necessary reserves when applying for a loan through a US bank. I'm currently working on closing my second US property, first time financing through a bank. They just mentioned that I need to show...
Sammy Roy
Out of State investor, looking to invest in single family home in Houston and suburbs
I am an out of state investor, looking to invest in my first home. I intend to invest in a 3 BHK single family rental, around 2000-2500 sq ft and good school district in the Houston suburbs of Cypress, Katy and Sugar ...
Alex Ng
How to begin Flipping
Hello, I am an aspiring flipper. I am building out my team right now and learning as much as I can. What are some good resources to use to learn? Where can I find deals that will work in LA/OC ? Should I get my real e...
Rajeev Samuel
Interest only DSCR Loan for multifamily vs commercial balloon
Hi all, I'm looking to do my first investment property soon and while I was looking for a SFH or small multifamily, an off market 5-plex was presented to me that could be a good deal if I can figure out financing. Co...
Cliff H.
New AirBnB Host Cancellation Policy - 10/9/23
AirBnB just updated their Host Cancellation Policy to remove the $1,000/booking cap, remove the "The listing doesn’t fit the needs of the guests" as a valid reason, and tiered cancellation fees across the timeline bel...
David Hill
Looking to connect - Lakeland Florida
Hey BP!As my first post I'm looking to connect with real estate professionals/investors in Lakeland, Florida. Initially I wanted to enter the Tampa market, but knowing that I want to implement BRRRR it doesn't seem li...