Hi. I'm under contract on a new construction home. We locked rates for the loan a little over a month ago when rates were around 6%. Where with the home builders closing incentives and a little extra cash we were goin...
Hello!We are looking for purchase our first investment property. The plan was single family home in Las Vegas or surrounding the Phoenix area and our goal is to cash flow. Maybe this is just the analysis paralysis spe...
I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
Hello BiggerPockets Community!
I hope everyone's investments are thriving as we navigate the ever-changing currents of the real estate market. I thought it would be valuable to kick off a discussion about the latest ...
Hello everyone, I have one rental unit that currently has a 3.2% interest rate. It has about $100,000 in equity that I would like to access Is there any way to do that without refinancing so I can avoid changing my in...
I would love to hear an update on everyone's sentiment on the current housing market. In the last few weeks it seems as though the media is turning away from being bullish. The cost of material is up quite a bit from ...
Hello,I refinanced my primary home recently to a 30 year conv mortgage.If I choose to move out due to a job change after some time, will that impact my current rate on the primary? Are there any stipulations on how lo...
Hi BP Community, 1st time home buyer currently in escrow. 5 days ago lender suggested to lock rate at 5.99%, which we agreed to lock it in at that rate.Received a notice today that rate was unable to be locked due to ...
Hi fellow Bigger Pockets investors!It's nice to meet you all. I'm a newbie to the forum but not a newbie to investing - I've owned / own a few properties (single family, duplex, etc.). I've been trying to buy my fir...
Hello all! I’m a registered nurse in New York City, new to real estate investing currently in the process of learning and building my knowledge base to make my first real estate purchase. My 6 month goal is to create ...