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Does anybody have suggestions on potential Cash-Out Refi products that have no seasoning period? Specifically in Ohio? I've called many lenders at this point, but unfortunately no luck. Your help would be more than ap...
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I'm in the process of purchasing a 20 unit complex. The bank has given me 2 choices. Option 1 is a 20 year amortization 4.8% vs a 25 year amort @ 4.99% (both with a term of 7 years). The payment would be $7,624.87/mon...
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I am looking to acquire rental properties in Virginia Beach, VA and was wondering if anyone out there had an idea of which zip codes better lend themselves to acceptable cash flows.Any insight would be appreciated!!
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hey there. I have a 4-plex under contract in Sacramento and my plan is to do another BRRRR deal on this one however the value add will actually be adding more units. There's wasted space in the back of the building a...
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Hello guys/gals,I have been browsing through bigger pockets for some time now and finally ready to post some questions and comments. First off let me explain who I am and where I come from. I am currently active duty ...
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Have a question that may be complicated... so I bought a property sub-to (current mortgage is 458k) I am going to sell the home on seller financing to a retail buyer for 699k. They will put 120k down amortized over 30...
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I am trying to figure out what formula to use in excel if I sold my note at a discount to calculate the new rate. Does anyone know this?
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I just watched @Brandon Turner video on using the Biggerpockets Wholesaling calculator and have a question regarding how the Rental Owner's Purchase Price is being calculated? I tried adding the loan amount plus the p...
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Hello BP family!I am thinking about getting into Commercial Real Estate in Texas. This is completely new for me. I am looking at an office/medical space that according to the agent could rent from $20.00/SF gross to $...
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I'm reviewing the financials for an LLC that owns a single apartment complex and have a few questions. I ask because I don't know if there are any practices common or unique to the multi-family industry that I'm not ...