Danny N.
Have 8 rental properties paid off, best way to borrow for more?
Hello, I have 3 properties that I've owned for 3 years and recently added a package of 5 that gave me 8 total. They're all paid off and the value is give or take $400-450k. The total rents generated will be $6300/mont...
Megan Arzt
How to finance this deal...or an example of a financing proposal.
I have a great deal on purchasing another nightly rental. I currently own one and it does better than any of my 5 other long term rentals (all of which cash flow). A friend wants to sell me his condo for $187,000. ...
Hank Powell
Non Occupying Borrower Overlay HELP
I am a non occupying coborrower, on a rate in term refi, attempting to purchase my first home. The issue I am running into is lenders having an overlay requiring 12 months of payment receipts in order to dismiss this ...
Rodney Buford
Frustrated - Refinance part of BRRRR
Good morning BP,I am writing this out of frustration partly and also maybe it will help someone else down the road. I was feeling pretty good about my first BRRRR project. Instead of paying someone else rent for my ...
Toben B.
Cap rates and expenses on retail strip property
Hello,
I am looking for rough guidelines on commercial retail spaces to help a friend evaluate a property.
Property currently has 3 tenants bringing in @ $50K a year in rent. There is a 4th un...
Sean Banilivy
Overland Park MF Investment Interest - Network & Develop Team
Hi BiggerPockets Family,
I hope this note finds you well and safe during these times. I am a MF investor, primarily passively through the LP position, but am interested in building up a MF portfolio in the Overland...
Peter Comb
Recommended Conventional Loan companies
I realise its an ever moving target but can anyone recommend companies that are offering the best rates and minimum down payments for conventional mortgages. FYI - I am based in Tampa.Thanks
David Oberlander
Best excuse to decline funding a loan
I've heard of many reasons to decline funding a mortgage over the years but this one is a new one to me.From a HARD MONEY LENDER not a bank. You'll recognize the name when I post it (not now) as they advertise here o...
David Rodriguez
House-Hacking FHA-Preapproval Calculator
Very new to real estate and want to create actionable steps towards getting my first home. My goal is to house hack.I want to figure out how much I can qualify for with an FHA pre-approval calculator. The calculators ...
Kelvin Letron Brantley
Shortsale House that's Upside Down
Is it possible to short sell a house where the owners are current on their mortgage but the house is worth less than what is owed?Would lease/option and subject to be the only strategies available for a property such ...