Daniel Vieyra
Price reduction or credit at closing?
If minor issues are discovered under the home inspection/city inspection, what is better: a price reduction in the sales price or asking for a credit at closing?
Quentin Mitchell
Funding stories (where did you find the Loot!)
I thought it would be a good topic to see how some people got funding when they first started, or even how they currently get funding hopefully this can help spark ideas for new investors.Me: The first deal I ever did...
Jacob Theurer
Land Contract Duplex
Wondering what some of you might think about this deal.... I have an off market opportunity for a duplex 2/1 down 3/1 up. Lower is rented but could easily raise rent right away. Lower is vacant. Would plan on getting ...
Dan Porter
First REFI (7.625% rate)
Good afternoon all,Looking for some quick advice as this is my first REFI and I am having alot of doubts. I bought this property in college, renovated it while renting out the spare rooms and no use the property as a ...
Jamie Bergstrom
Condo rental not getting traction
Hi all,I have had my condo listed for rent for close to a month now. I have had two people inquire (without responding when I answer questions) and no applicants. I believe I have priced it fairly based on the unit, c...
Paul Zofsak
Closing costs
So I am getting ready to submit an offer on a property, the market is turning into a sellers market so I may have to pay full asking price. I indicated to my agent that maybe I could recoup some money by getting help...
Ryan Windus
Loan Assumptions in High Debt Cost Markets
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 ...
Timothy Christian Jr
Determining if your Cap Rate is good or bad
I determined the cap rate for this duplex in Greenwood, Indiana, earlier today, and it was a 7 cap in a B class neighborhood. How can I calculate my market cap rate (CR) with this data? How can I determine if a deal i...
Phil Avery
Seeking Guidance: Best Ways to Utilize $20k in Today's Market - Opinions?
Hello to all, I hope you'll indulge me as I ponder some thoughts and seek the collective wisdom of the infamous BiggerPockets community. I'm on the hunt for general insights about optimizing a limited pool of resource...
Eric Long
Should Property taxes scare me away from Fort Worth?
Hi BP Friends!
I am still narrowing down the cities I want to invest in. So far, I have been eyeing Fort Worth / Dallas. I visited once for work and I can see the booming economy here.
How does property tax affect ...