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What kind of banks finance apartment building investments (if any)? If any do, what's a good estimate for closing fees as a percentage of purchase price, and what's a typical interest rate?
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Hey Bigger Pockets! Just wanted to share a recent remodel project we completed and how the numbers worked out for us!The appraisal just came in for a recent BRRR we undertook. The property was valued at $138k.We bega...
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Hello BP, I have a question about a property that I think could make a good subject to deal, but because I'm new to all this I'm not sure so I'm seeking some guidance here from the more experienced investors.History...
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Welcome BP compatriots! Another installment of my weekly brief, hopefully insightful, dive into real estate and financial markets, for all the kick ass dudes and dudettes out there.
Today We’re Talkin:
- The Weekly...
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I currently have no salary to show mortgage companies cash flow to get a mortgage approved. I don't want to have to spend $250k cash on a house to use as a short term rental because I want to have multiple projects ru...
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Hello BP community. I am 28 years old and currently putting together my business-plan and strategy for building my investment portfolio. My goal is to acquire my first rental property in the next 6 months, and I'm hop...
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Submitted my 1st offer today and the seller told me I was ludacris lmao I guess I'm that much closer to a yes/deal? I explained everything to a T on how I came up with my numbers. The most thorough explanation ever an...
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INTRO/BACKGROUND:
Hi! My name is Brian and I'm a real estate newbie. Or well, I've been lurking Bigger Pockets as a way to educate myself for a while now and am only starting to dip my toes into the waters of real es...
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Just spoke with a loan officer in the Florida panhandle. She explained there would be around $18,000 total in closing costs to purchase a 250k-300k home...approx $11,000 standard closing costs plus $7,900 in "discount...
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My husband and I just met with a Financial Planner who had the deer in the headlights look when we talked about our rental properties and real estate notes. We are about 3 years from retirement and trying to get as mu...