Considering taking out a HELOC on primary residence to purchase 1st rental property. Lender is offering fixed rate on the HELOC as long as the account is open for 3 years. Would it be better to use the proceeds on a t...
My family is moving out of state and we're trying to decide whether to sell our current home or keep it as an investment property. How would I go about doing that analysis via one of the Bigger Pockets calculators?
Hello All! I have been curious about what to do if I find a deal that already has tenants. What if I can't view the units or screen my own tenants? Would you still buy the place? How would anyone handle this situation...
I am trying to compile a list of the best websites/companies where I can find turn-key single family homes as investment properties around the US. So far, I have found these: homeunion.com, nexgeninvest.com, memphis...
I have an 18 unit multi-family property that has rents that are roughly two to three times higher than the neighborhood comps. My 300 sq ft studios rent for $600 and the property across the street gets $700 for 1000 s...
Hi everyone -I see Net Lease property listings on the internet.The bigger brand name tenants have Cap Rate of ~5%.If I finance this property at 4% mortgage interest - is it correct to say that the net return is about ...
I'm looking at acquiring a condo for the convenience of having a place close to work that I can rent out in the short term future (3-5 years.) I have a back of the envelope pro-forma analysis in excel that I use when ...
Have never offered on short sales but have questions before I try.Is the listing price on a short sale the least the bank will accept?Does Approved short sale mean that the bank has approved the asking price?Does Pre-...
Hey BP! I've familiarized myself with Bigger Pockets over the past year and a half, lurking through the posts but never jumping in. I figured it's about time to get active! My wife and I own three doors to date in Aur...
Hi All,I've been on the sidelines watching the game for far too long. I started out as an electrician apprentice so I never had the capital, I tried to do my own multi-family FHA and got scammed out of all the little ...