I've currently been shopping around banks for a DSCR loan on a BRRR. I've now had 4 banks get back and say they only offer up to 25 year amortization and 5 year rate terms. They can do around %8 on the loan. When i fi...
Greetings all, I am thinking about investing in a St Louis County specifically I'm thinking about either keeping a property there or selling. I know that the income to home value is around 3.0 which is pretty good in ...
Hello, I am considering building a team with the right system in place. Right now I'm working from home and there is so many distractions making it hard for me to make my phone calls. I'm looking into renting an offi...
I've been in the market for another house for a few months but whenever i find something that i like and works with the numbers I get out bid. Any suggestions? I've started looking at houses that need a lot of work...
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Hello BiggerPockets community! This is my first post. I'm a new member and new to real estate investing. I've recently (2 days ago) made a cash offer from a third party auction site of a REO single family property. ...
I'm hoping someone can confirm my thought process, as I'm new to MF investing:
At this point, I've reviewed the owners financial statements and I'm comfortable with the amounts.
The 2015 financial statements show ...
I am looking to buy distressed multifamily deals all cash. My method of finding these deals are mailers and MLS. However, i do not know what a common cap rate or cash-on-cash return is for off market deals. I am looki...
I am interested in knowing what calculators other investors are using to determine price when making offers particularly those who who have not signed up for Pro members status. I do plan to sign up for pro status in ...
Hello Everyone,
I am looking to make an offer on a 5 unit property, which would be my
first potential deal offer. The units are fully rented with property
management in place. The owner wants to sell but has some...