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Hi, I am working with several lenders to do a cashout refi on my primary residence. I plan on using the cash to pay off bad debt and increase cashflow to better position position me financially as i pursue potential l...
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Hi Folks, I'm looking to get some feedback from a couple types of Investors about the systems/softwares you use to manage your direct to seller marketing. I want to make to make clear I am not referencing a CRM system...
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I need help with a owner financing. I wanna ask the owner for a opportunity to take over there mortgage. Now how would i ask him or her over the phone about this topic ? Also is there a script or something i can use t...
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Hello,
If one can refinance and reduce their interest rate on a investment property by 2% points but it takes 2.5 years to just recover all the fees is that normal breakeven time and worth doing it. The closing cos...
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How's everyone doing? Today I want to start analyzing deals each day before I actually purchase my first property. What is the correct way to analyze a buy and hold and how do I go about doing it? Any information is g...
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What do you guys think about this deal in Jersey City. I will be using it as a house hack. It is a duplex 4 bederoom 2 bath listed at $480,000. 2.5 bedroom 1 bath on the first floor rented for $1650 and the second fl...
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So when running my numbers on Biggerpockets Rental Calculator.When i Initially buy my properties i use my open lines of credit at 5% interest. Would that be considered using cash or loan? So in the section with loan ...
Hello! I am new to the bigger pockets forum but have been listening to the podcasts the last few months. I am in the "where do I take the first step" over analyzing phase. My end goal is to get into buy and hold inve...
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Is it beneficial to buy down points and reduce your monthly payment for a long term buy/hold strategy? So for ease of discussion, if I pay $3,600 to buy down the rate by 1% and reduce the principle/interest monthly p...
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I'm using a HML for a potential purchase; the brrrr calculation is assuming the rehab is part of the cash needed at closing and is affecting my total cash needed at purchase on the report. Is there a way to show the r...