Hi, I am considering using bridge financing through a hard money lender in order to put in a cash offer. I am in Atlanta and the seller is only considering cash offers. The hard money lender’s terms are very expensive...
I was thinking about whether I would prefer to do a higher down payment on my first purchase so that my monthly mortgage payment is lower, or to do a lower down payment so I can save for a second home in another year ...
Hi all, I've been running a lot analysis reports from the rental calculator on BP and all my calculations show that I can never cash flow from a duplex (while house hacking). The average 3 BR Duplex is renting for abo...
Thanks in advance.
As interest rates rise there will be decreased purchasing power. This automatically decreases the amount of house, duplex or whatever we can by (if a loan is required) based on the debt to income ratios that a bank of...
Hello All, About to get started on my first project soon and will be needing an electrician, someone to remodel a bathroom, and someone to hang new cabinets in the kitchen. What resources do you use to find quality p...
Hello Bigger Pockets I’m wondering if anyone could help me know if I can pull off buying a multi family property preferably a 2 family in south shore or even close to the Boston area. I’m 21 and have 35K saved to make...
One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...
Hi guys - Relatively new to BP. I was hoping to get a post started on most affordable and scalable ways to source financing. Not particularly focused on MF/SFR but rather wanted to collect an idea of easy and cheap wa...
What is the maximum allowable rent on an affordable "low income" 1-bed unit in Los Angeles County? Trying to develop a proforma for a multi-family site..