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I am buying a fixer with hard cash loan. HML is giving me 90% of purchase price and rehab cost as well. When I refinance with a bank in few month later will the bank lend me 80% of purchase price or it can be 80% of A...
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Hi there, I'm just starting to get into small multi family. Should I do section 8? Sure, the state does autopay $1200 per month. My concern is what if the tenant trashes the property, I have no recourse. I wouldn't ...
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Please forgive me if this post is naive. I have a friend who has been investing in real estate for years. Specifically, he is involved in non-performing loans in the New York and New Jersey areas. He always has told ...
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Hi all,I'm currently in bay area, looking into out of state rental investments. I'm a total newbie at it.Want to understand best possible route to take in this field.1. What are the top states/cities that are hot righ...
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Hey guys, I'm very new to BiggerPockets and RE investing in general. I am very eager to get started and will be spending a lot time learning from you guys around here.So for those who are house hacking Seattle, I was ...
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Hello! We are just starting out in all this and I have been looking at a few potential broad markets/states to start doing OOS investments, potentially in Ohio, Alabama, Connecticut, North Carolina, Illinois, Minnesot...
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Looking to pickup my second purchase for rentals. Came across a really good value of a property for under $200k. When I passed it by our loan broker, he indicated that the underwriters have an issue with the propert...
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For those who self manage, I wanted to share a great bank I've been using called Baselane. Baselane is a bank that also has property management software and book keeping capabilities. As a manager of over 20 units, it...
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In this blog I explain the confusion with the location of "Shenandoah", regulations, numbers, and an overall introduction to the "Shenandoah" STR market:
Short Term Rentals in the Shenandoah Valley What You Need to...
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My wife and I purchased a home in Scottsdale, AZ in 2018 - $325k loan, 4.875 rate. We moved out of state in 2021 and have been renting ever since (long term, current tenant 3yrs @ $2,850). We had maybe $200k in equity...