Given the current capital markets and high interest rates, I wanted to share a quick breakdown of what owners should consider when doing loan assumptions as a strategy to get lower cost debt.
While loan assumptions ...
Hello, I have a house currently worth $300,000 that I have around 50% equity in and I’ve got a 2.87 interest rate on a 15 year mortgage. Now recently finding out about bigger pockets I am very interested in owning mul...
Hello BP community! I'm looking at a potential wholesale deal in The Heights area in Houston, TX. Average price for new construction in this area is between $600K-$1M. What I am curious about specifically is this: How...
I am new to flipping and have been looking at a turnkey wholesale company to get properties. As a ball park I am using the following formula to determine the buy price. (.70 * ARV)- repair cost. So a 100K ARV house...
Hi BP community,Has anyone worked with or gotten a quote from Point? They are a company that will give you cash now for a stake in the future equity of your home. Maximum 10-year payback period. Seems like an interest...
Hello everyone,So I have a great deal on the table I received by a wholesaler. Here’s the problem my money is tied up in another property out of state. I have reached out to some investor friends but they’re either do...
Hi all, I'd like to hear from all REI's -- what's the plan to invest during a recessions? Looking for a buy/hold, flipper, and wholesale perspectivesFinding Deals -- What is even considered a "good deal" during a rece...
Hi Everyone,
This is my first post. I'm in the process of acquiring a property with my wife in Baltimore County, Maryland. The acquisition is on a personal basis with traditional 30 year financing. After close, I'm l...
Hey does anyone have any advice on investing in mobile homes or books, podcasts, webinars that elaborate more on mobile homes.
Seller-financing can be something that people have veered away from in the past. At first glance, it could be seen as not a very glamorous topic. However, I believe that seller-fnancing is a tool that can be used to c...