Rudy Manna
Multi Family Investment Strategies
What is your strategy for Multi (5+ units) investment strategies in the high interest rate environment? How are you meeting the DSCR requirements? Are you targeting for deep value add opportunities, or markets with hi...
Michael Orlando
Sell, Keep or something else for rental property??
Hello!
I was wondering what others might do in the following scenario as I have a rental property from the first condo I bought in 2010. It is in pretty good shape located in East Brunswick NJ.
2 bedroom 2 bathroomC...
Anthony Jenkins
Lease Purchase Option
Hello all!I am new to BP so please be patient with me lol. I am attempting to do my first deal and need a little advice. My friends aunt passed and left her as the executrix and owner of her home in philadelphia. A...
Andrew F.
Down Payment Requirements for Non-Primary 1-4 unit loans
I'm just starting out as a REI, and looking for some advice and insight as to the best approach for down payment requirements within various scenarios. I've talked with a handful of local banks and mortgage brokers so...
Kim Parker
MTR Early termination - what do you do?
Hi BiggerPockets community,We have a house that we are furnishing as an MTR and STR between guests. I had a question from a potential tenant yesterday about our early termination/cancellation policy. On our LTR and pr...
Sophia Wang
What's the typical deal analysis for Subject To deals
When doing a subject to deal, what does investor look for in terms of equity spread, or as long as the rental income to monthly payment spread is big enough? I have a subject to deal in the making, but the wholesaler ...
Lance Gorton
Busy Street flip
I have a wholesale deal offered to me. It is on a busy street - 4 lane with about 30 cars / minute passing. Comps are 155 / sf. I am estimating 5% less on my ARV due to busy street. The deal does not leave me much pro...
Jerry Stevenson
Is this a Good deal or no?
Newbie here! I signed a contract to have a home built (purchase price 244,490) in East Austin, TX (Basically manor) The house comes with a 1-2-10 warranty, closing cost are basically completely covered (6000 towards c...
Account Closed
I am finally home with others with the same intersts as mine!
Greetings Everyone!My name is Mike Lopez and my wife Angela and I have finally reached our first goal in real estate which was to pass the real estate licenses state exam in Florida. Although we know that you don't ne...
Dave Binder
Need help analyzing a deal
I'm looking at a ranch that's 740sqft with a basement, price is 25k and rehab will cost 15k at most. Updated comps in area go for 60k. My concern is the sqft and it's only 2 bed 1 bath, rental rate would be solid at ...