Hello,I have a client with an adult family home in Washington State, they are looking to do a cash out refinance.Here is the property info: $570,000 Appraised Value, $2829 Annual Insurance, $3,000 Market Rent, $4,200 ...
I’m looking to get started in real estate and acquire my first rental property. The problem I am facing is I don’t have income and no collateral so I can’t finance my down payment with lenders/banks. So I came up wit...
Hey guys, I've recently purchased a preconstruction (Alberta, Canada), and my mortgage guy offered me two rates, and I need some of your expertise in this.
1. 25 year period at fixed 2.54%, which comes down to about ...
Bigger Pockets is obviously centered around the entire broad spectrum of real estate. (As far as I have seen), the actual real estate agent side of things is somewhat scarce. What blogs or other resources do you use ...
Looking at rental comps and was wondering if I should discount the current rentals listed as they are the asking price which might not be accurate of actual rents out into contract.
Is there a way to look at real-t...
Hello BP Community,I am analyzing a deal and I see the Gain/Loss Line item on the CF statement - it's a positive value - so severely inflates my Potential Gross Income. My questions are: -Kindly explain in layman term...
One of the biggest reasons people buy stocks is to build wealth so that with financial independence, you can retire early. Many financial experts talk about the 4% rule: you can withdraw 4% of your capital every year ...
I have an investment property that I'm looking to sell and wondering if I can use 1031 exchange to purchase tax liens? Any advice is greatly appreciated. Thank you!
Interested to see everyone’s perspective of this new update I found on a multi family market overview. Rents have increased by 4.2% but occupancy has decreased by almost 1% from 93.2% to 92.6%Is this the start of the ...
My understanding is that DSCR appraisals are on the basis of market rent and property value based on comps. Do any DSCR lenders appraise on the basis of ACTUAL rent?I ask since a property we're purchasing is going to ...