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Hi All! I'd been making a plan to execute my first BRRR a year or two from now elsewhere, but without getting into it, life happened, and an opportunity arose to buy my first property in SLC! Things are moving pretty ...
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I have a great realtor who started his own boutique STR business with 4 luxury properties looking to grow to 10. He presented a deal coming up for 600k 3bed/2bath within city limits (5day rentals) no pool. He wrote ou...
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What are some guidelines to find a portfolio loan provider? I have called 3 local Credit unions and a couple regional banks and have had no luck so…I might be talking to the wrong person or lender.Or my situation doe...
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Okay, I'm having a hard time understanding how draws work with a rehab loan from a hard money lender. The way I understand it is: I have to pay for the work initially. Then I apply for a draw and provide invoices. ...
Sorry for the long title, I wanted to be specific. I have searched for this topic and have only found either "Should I finance rental purchase with 15yr or 30yr?" or "Should I re-finance my current rental from 30yr t...
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What is IRR?? How can I understand that complex formula?? I know that it is a rate of return that factors in the time value of money, but still don't get it.
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I'm 24 years old. I'm looking to get into RE investing. I will be living in Japan for the next 3 years, so this will obviously make investing more difficult. However, most of my family is in West Michigan, so I will ...
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Hello Family!Long time lurker here at Bigger Pockets, first-time poster.To introduce myself, I'm located in Orem, UT looking to invest in long-term investing, with an emphasis on student housing. Happy to be here and ...
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Curious to hear people's thoughts on recourse versus non recourse loans on apartment buildings. Pros/cons, etc. I have a great quote from First Republic but it is recourse. I can't decide if I really care. Only doing ...