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When looking for a DSCR lender, do you have to find one in the area you are looking to invest in, or does it make more sense to find a national provider? Looking to purchase a STR in North Myrtle Beach later this year...
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Thanks in advance for any forthcoming help. So I bought my first home(triplex) last year. I used a conventional loan with 25% down. I live in one unit and rent out the other two. My mortgage is $1008 and I profit $3...
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Hey BP
Need some advice for a newbie who's just getting started. I recently closed, this friday!, and will be house hacking a 2 unit building in Chicago in a B/A+ area. The purchase price is right around a fair mar...
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Listening to all these podcasts I’m just amazed with how some people are talking about how quickly they scale within the first year or two after purchasing their first STR. I’m looking for expertise on how p...
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Hey everyone,I am finishing up my licensing course online to become a Georgia real estate salesperson. I wanted to know, how do I go about getting a broker? Is it like a interview process? Do I have to go into an offi...
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BiggerPockets! I work at BP and I'm working on building a landing page for Detroit. Would anyone be willing to share why you choose to invest in the city? Why is it a great city for investors?
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I lent money to a flipper in San Diego who claimed bankruptcy and fled to Canada. I then realized the lender made over a million dollars when he foreclosed on his property. I was wiped out as second lien holder which ...
What is going on in Southern Maine? Over the last 12-18 months, feel like valuations have gone hyperbolic. Looking at cap rates on some 2-4 units and there is actually stuff with a 3-handle on it! Most seem to be ~4.0...
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I have been approached by a family to help build a real estate business with them. They propose a 1 million dollar investment to begin with. If we are profitable the first year they will add another million, and this ...
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Hi, Ive been struggling to sell my property that I recently rehabbed. I bought it in Oct. And finished the rehab in the beginning of January. Winter time was slow but once spring hit I've had multiple people view the ...