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When you look at a potential property, you crunch your numbers and your monthly capex (5% or so) is going to run you at $250 a month (roof, water heater, hvac etc,). Taking this into account with your operating expens...
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My understanding is you can get a DCRS loan at 1.2 - 1.25 debt service coverage.
Assuming the property is currently being used for short term rentals:
What is stopping me from acquiring a property having less than t...
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Hi BP Community
Today I got my annual BP membership renewal notice and I realized it's been a year since I joined BP and purchased PRO package (I pretty much bought it immediately, maybe a week after). I just wanted ...
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Hello all! I am starting a real estate business just South of Nashville, TN. One of my business partners is my Uncle who has acquired 280 units in Southern Illinois in just about a 10 year span. He started out with a ...
Does anybody have any suggestions for the best mailing list provider to use?
Advice needed on how borrower should proceed with collecting overpaid Mortgage Insurance Premium. FHA loan met 79% threshold as of September 2016 and borrower requested cancellation of MIP payment early 2019. Amount o...
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Hello Bigger pockets family. My name is Saquawn Figaro I'm 23 years old residing in the New Jersey. I'm married with two daughters and I'm an Airman in the United States Air Force. I'm looking to take my family to an ...
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Hello Bigger Pockets!My name is Christian Abel, and I am in Mobile, AL. I am a services technician for Schneider Electric (Square D Services), and formerly a Navy Nuclear Electrician Submariner. I do testing and commi...
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Do you guys have a suggestion for a good loan servicing company that calculates their provision on a percentage rate and not a fixed rate per transaction? I am closing on 6 seller financed properties this month and th...
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IntroductionSales may seem like a tricky puzzle, but fear not! We've got the essential pieces you need for consistent success. Whether you're new to the world of sales or want to level up your game, these strategies w...