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First time rehabbing. Need some guidance on what's a fair return on investment to offer potential investors ? For example, if I'm buying a property for $60k , needs $50k in rehab costs, I ask an investor for $25k? Is ...
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Hi all. Just got a tenant in my newly renovated rental and want to refi (doing the brrrr strategy). My mortgage broker says that the banks are backed up and not looking at new applications. Any thoughts on this? I wo...
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Hi,
New to BiggerPockets and I am looking to get involved in the Chicagoland network. I am looking for a SFH deal or duplex within a 3 hour driving radius. I am struggling to find a submarket to focus in. Trying to ...
I am thinking about purchasing a mobile home that was converted to real property just 4 months ago. The location is great, it comes with half an acre of lot and it can be easily rented. My plan is to buy and rent it f...
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Obviously you shouldn't lie ;). That being said when requesting a credit line increase for a credit card and they ask for your annual income obviously the more the better, but what about monthly rent or mortgage is it...
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Rookie here looking to get into real estate seeking advice on market selection being my local are is so hot at the moment and prices are so crazy is turnkey key companies a good starting point if so what are the pros ...
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We may need to get some basic landlord property insurance. We just got word from the company now insuring us that there is going to be a small price increase in the policy. Turns out this small increase is 30%!!Would ...
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Newbie here. I just purchased my first duplex…we closed two weeks ago. Positive cash is good. We’re set on cruise control. Good renters, property management is solid, I’m out of state. Now I want to do it again…the pr...
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I’m looking for information on if a conventional or commercial mortgage would be best for a fourplex.
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When it comes to rehabbing, what are ways they save money? The reasoning behind this being you want to make a nice profit and sell a reputable home. Or, on the buyers side, you don't want to get screwed.
I'm thinki...