Hi Bigger Pockets Family,I need your expertise. I have a house in Fort Worth Texas, that I am trying to sell, but it is not selling the way I would want it to (beautiful house in transitional neighborhood). I am think...
Hey Everyone,I've found a great REO in my market but I'm low on cash for renovations. I've heard the FHA 203k loans are good for this but I'm not going to live in the building. Anyone know a type of loan I can get whe...
I paid off my student loans...even though the interest rate wasn't very high. I paid them off even though I probably could've used the money to invest in a bigger house right away. Why? I'll explain.I bought a tiny ...
Hello everyone,I am going through the mortgage approval process and though everything else checks out (good income, credit score, reserves) she is claiming that I cannot qualify for an investment loan because I only h...
Does anyone have or know of a great airbnb/STR/MTR acquisition and operating calculator that incorporates at least 3 debt instruments with different terms, interest rates, maturities? Example: Mortgage or DSCR Loan, ...
I found an 8 plex with 7 extra acers approved for 70 more units. They were asking $400k and I casually offered $240k and was told they would work with that number. I talked to a few commercial loan officers, and they ...
I found some multi-family properties in the Rochester, NY area for around 50K, fully occuppied with multi-year tentants. I have spoken with a few lenders and no one seems willing to give loan for such a small amount, ...
Because I was nervous about investing in rentals, I bought my first three properties with cash. After about a year and a half I shopped around at three different banks: the first had too high of a rate, the 2nd never...
I am looking into purchasing multiple Multi-Family homes and plan to rent out the units. My concern is the money down. Will private lenders lend the money with no downpayment and higher interest rates? And if so what ...
Seems like it should be a simple formula, but my googling is failing me... I'm trying to figure out what a lender uses to calculate the following:Inputs: mortgage balance (after downpayment), interest rate, and loan t...