Hi! I'm brand new to the community. I'm looking to buy an investment property. The rate has been quoted at 4.75%, with 2.55 discount points, and I'm paying 20% down. But the 2.55 discount points? Ouch. I asked if I co...
Hello, I am in the process of getting pre-approved for my first investment property loan. I am being told that I need to buy down my interest rate, which is very surprising to me. I thought that was only the case w...
Hello All. I just finished a renovation of a 18 unit apartment complex that happens to be near a few military installations. As a veteran myself, I would love to offer military and families a discounted rate, and a re...
I'm learning how to analyze deals, so bear with me?Here's the "deal" I analyzed. https://www.biggerpockets.com/calculators/shared/3...Here's the loopnet listing (I know loopnet is where deals go to die, but I'm using ...
Hi BP! I have been running my own STR for awhile now and am looking to expand by leveraging private money relationships (as well as some of my own money from my Real Estate Sales Business). I'd be looking for about $3...
I am interested in buying a property and I can get a note from my brother for the purchase, that he could then sell to get his capital back. I was wondering:1) What are the terms / characteristics that make a note des...
I am a new buy and hold investor in North Carolina and am wondering if anyone has a good website for obtaining a good lease. I am interested in being able to add addendum's to the lease as well (pet policy, smoking, ...
If you were to buy a multifamily unit to live in one unit and rent out the others, but it was split first floor/second floor. Would you choose to live in the top or bottom and what factors would influence your decision?
I'm specifically asking about cleaners and maintenance people. How do you find them? Do you do a trial period to see if you click and they work well with your process? Do you have a vetting process? Do you have lots o...
The landlord of the duplexes next to one of mine gives each unit a turkey around the holidays. Last year I gave each of my tenants (3 roommates in my only unit at that time) mugs from Anthropologie with a gold foil i...