John Wallace
Current DSCR rates? Who's got the best program?
Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
Nathan Frost
Umbrella Policy Limits / Requirements
Hi everyone, I am trying to figure out the best solution for covering rental properties in case of a lawsuit. I have insurance on all of them and used to do an Umbrella Policy, however, the umbrella is really pointl...
Nicole Harrington
Looking at my first deal
Is this a deal or not?
I am looking for a longer-term rental The property needs a little TLC could be rented out right away or do some small TLS and get the higher calculated rent.
PP $310k GAR $25400 Total e...
Steven Libby
How does tax abatement affect property values?
How does tax abatement affect a property's value? I'm looking at an apartment in Brooklyn, New York with a tax abatement for 15 years so will that force me to overpay for the property because it has a tax abatement...
Bryce Barrand
West Lehi home - should I finish the basement before selling?
I have a home that I've been renting out for years, the renters are moving out, and I'm going to put on the market soon. See the home here: https://www.zillow.com/homedet...Based on the comps, it looks like this home ...
David Bertolami
How to get FHA with no income
Hi Biggerpockets, long time podcast listener, first time poster.
I've decided to start my investing journey with a duplex house hack. I've spent the past few years building my credit up (currently 730) and my bank ac...
Jason Heard
Last Month's Rent vs Security Deposit
I know what the differences are with last month's rent vs security deposit. But I've heard some other investors say they use last month's rent for the sole purpose of not having to place a security deposit in a trust...
Kurt Traynor
HELoC advise, is this good?
I was just approved for $235k on my primary home and I have no personal debt. Terms are 9.5% fixed 10 year, Interst only with 20 year ARM. Fess about $8k. Is this worth it? I want to have the funds available to ...
Michael Ryan
Landlord Insurance info
Good Morning Everyone, Sorry if posted in the wrong place I couldn't find insurance forums.
I have a few rentals and my insurance is all coming due soon and everything went up without a claim ever on anything.
I...
Simon Savard
Best neighborhood for BRRR in Rochester
Hi All!I'm new to real investing in the US, and I'm looking for a first rental property in Rochester. I've noticed quite a broad range of prices and general conditions in the properties from neighborhood to neighborho...