Hello all,I'm trying to get a loan on a property listed at $810,000. I have the cash to make the purchase, however it would put a very significant dent in my bank account.I have one lender that makes their loan calcul...
I have made an offer on a RV/Mobile Home Park and hope to start my due diligence period soon. The park has 40 sites, 11 park owned mobile homes and 25 RV sites. 3 sites are non-performing. Most residents are full time...
Hello BP,I'm Cobe with an accidental experience with real estate with my first purchase. I have been researching, reading, and watching alot youtube videos on different ways of Realestate investing. I am currently in ...
Hello, I've just ran my first couple of credit reports in trying to find a tenant. I'm starting to realize how hard it is to find an ideal tenant on paper. Most people have had recent bankrupcies or delinquent accou...
My portfolio is growing and I need to get more organized. I currently have 9 doors and 2 more pending. I've started making an excel spreadsheet to calculate pure cash flow for each month, so I know what I'm actually...
I had this odd idea that someone should create a service where they will analyze a potential deal for you. Like you submit pictures and repairs needed. And they will run the numbers for you. But there might be to much...
In the bigger pockets rental property calculator, what source should I look at in order to plug in the current interest rate? I looked at Freddie Mac and found 5.5% as of 8/25/22. Is this correct? Am I looking at the...
Hello Biggerpockets!!Just wondering what you all prefer when getting a conventional loan. Would you all go for the higher points options and pay more up front but get a lower interest rate or would you go for no point...
Hey BP,I'm currently in the middle of a purchase contract that will use 30 year conventional financing. Today my lender called me saying that their rates are seeing a bit of deterioration. Specifically, I now need to ...
Does anyone have experience joining a 100% commission brokerage such as (www.100split.com)?For experienced investors who mainly transact for themselves, this seems like a great idea. No monthly desk fees, no splittin...