![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1287204/small_1648167032-avatar-davidm1158.jpg?twic=v1/output=image&v=2)
What's up guys,I just finished building a permitted ADU (accessory dwelling unit) on my sfh. Converted my garage into a 488 sq ft 1cbed 1 bath apartment. final cost with permits was about 37k. I built most of it with ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/141384/small_1694556709-avatar-olguy.jpg?twic=v1/output=image&v=2)
I am interested in a property that is listed as pre-foreclosure. The realtor has told me it has a $950k baloon payment to a hard-money lender that is due. The property is worth around $1 mil. Is there any financing...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/988294/small_1621506916-avatar-diegom30.jpg?twic=v1/output=image&v=2)
New investor here! 2 projects under my belt worth 900k a 3rd opportunity is here 500k he said 300k cash and 200 as a ballon payment. Is it a good idea any thoughts on a ballon payment how does it work. Is it worth. ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1445358/small_1621512373-avatar-dennisc124.jpg?twic=v1/output=image&v=2)
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/235311/small_1627095352-avatar-re3irth.jpg?twic=v1/output=image&v=2)
Hello all. Apparently, the best terms on an investment property are currently 5.25-5.375% with 25% down, and 5.75-5.875% with 20% down, this is with a 740++ credit score. 30 year fixed. This is what a reputable lender...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4738/small_1621347135-avatar-barnardinc.jpg?twic=v1/output=image&v=2)
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2826435/small_1694570716-avatar-thatchere.jpg?twic=v1/output=image&v=2)
I am planning to acquire a number of homes in the St. Louis area for use as long-term rental properties. I've already connected with lawyers, realtors, title companies, property managers, etc. and the lending is reall...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1310227/small_1621511214-avatar-westlake10.jpg?twic=v1/output=image&v=2)
I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...
There is only one man on the podcast today that has a beard, and no, it’s not the guitar-playing, surfing, 7-foot tall one. David Greene is “seeing Greene” in this episode and gives new and experienced investors advic...