John Lyszczyk
Why is Lumber so Expensive? (Part 2 - Update)
Hello All,I thought this would be a good time to write a follow up post regarding the current state of rising lumber costs and the supply vs. demand issues the industry is experiencing. Below are a couple graphs that ...
Account Closed
Flipping/Wholesaling in SoCal - Orange County, Riverside County
Hello BiggerPockets Family! I’m a new investor in the SoCal area and have a quick question. When looking to find properties to flip/wholesale, is 70% of ARV (minus repairs) the right percentage I should be targeting, ...
George Smith
Buying Directly From Investor-Closing Costs
Good evening,I have found an investor which owns about 30 properties in a town that I have been looking for duplex in. He has offered seller financing but I think Id much rather tie up a good interest rate and I also ...
Amy Raye Rogers
HELOC > BRRRR
The following is a few reasons why we've used lines of credit to scale our portfolio as opposed to using the BRRRR method. The BRRRR method is a great tool, but has certain drawbacks that are accentuated in the curre...
Cody Mitchell
Criteria in looking for property to flip
My wife and I recently completed two BRRRR deals, and have some capital from the cash out refinance. We would like to get some more capital in order to scale more quickly and know a few good wholesalers, so we were th...
Nick Brubaker
Refinance my rental?
Hello all,
I am trying to decide if I should jump on the historically low rates currently and refinance my SFH rental. I put financing on it last year (15-year fixed) at a 4.375% interest rate. The rate I currently...
Greg Raymer
Why Low Commissions Are Bad for Home Sellers?
Low commissions for home sellers can be problematic for several reasons:
Reduced Marketing Effort: Low commission rates can result in reduced marketing efforts from real estate agents, who may prioritize higher-payin...
Donna Rishel
Why the New Rule on Ability to Repay Can Help the Manufactured Housing Industry
The Ability to Repay Rule issued by the CFPB caps the maximum ratio at 43%.
Given that in most parts of the country it costs $75-$85 per square foot to build a site built SFR (sans land) a 1,200 square foot h...
JD Martin
Cost segregation/bonus depreciation on house purchased midyear?
Hey all, yet another in the long line of cost segregation posts as our 100% bonus depreciation comes to an end :)
I'm going to key up a few of my go-to tax people here: @Natalie Kolodij @Linda Weygant @Amanda Han . I...
Tyler Jordan
Need Guidance on 70% rule.
Wholesaler here. If i have an FSBO home ARV is 900k (Probate Lead) He wants 625k. House Estimated value is 817k as is. Completley outdated from 2001 3800sqft 1.3 acre lot. Do i still use 70% rule for a house of this A...