Dear BP family, I am trying to explore options to obtain loans for further investment funding. Since we have a property recently paid off, I am wondering what are the options out there we could use to utilize this op...
I just started using the calculator here and was hoping someone could look at this deal for me and give me an opinion on if it is worth purchasing? Thanks!View report
*This link comes directly from our calculators, ...
We purchased our first investment property last May. We closed on a STR condo with a 5 year variable rate loan at 5.25%. I recently found a lender willing to refinance with a 20yr locked rate at 3.25%. Because there i...
Moments ago, I just found a great fix and flip opportunity (ARV should be about 3x the current sales price). However it's in a questionable neighborhood - or one that I know little about. When choosing an investment p...
I am a new investor in the Chattanooga, TN area. I am currently looking at a single family home, built in 1900, that needs a complete gut job. I am looking for a good rule of thumb for estimating the gut job in my m...
Wondering about a couple different strategies for handling repairs, capex, and vacancy. From what I've read and heard from BiggerPockets, it's a good idea to set aside a certain percentage of the rent each month to co...
Being in a position of not having funds readily available has created a great opportunity to gain knowledge before JUMPING IN! My personality WAS high risk and go. Now its in ZEN mode for learning, listening and build...
Just read this statement: “...if I put 20% down, the property appreciates 3% per year and the mortgage is always getting paid down every month, that’s a 15% return on my money every year. NOT including cash flow. If t...
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*This link comes directly from our calculators, based on information input by the member who posted.
We have decided to take out a HELOC on our house to fund our first house. I research the numbers and apply and then the lender calls me.... He starts talking about closing costs.... appraisal, title search on our curr...