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Hello everyone,
I reached out to 4-5 lenders regarding DSCR loans and found it difficult to make a deal work, even in areas meeting 1% rule.
Here’s a recent scenario:
Purchase price: 244k duplex, good condition
...
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Is there a difference in interest rates when a buying a house as a rental vs being owner occupied?
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A few weeks ago a supply pipe had broken in the unit. The water was shut off and the leak was repaired immediately. There is now a hole in the ceiling from cutting through the drywall/plaster. I have found a contracto...
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My cabin has been consistently booking for the weekends since we launched a couple months ago with the average person booking 2 days in advance. The issue is trying to get bookings Monday-Thursday. Any suggestions? Is...
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Hey Bigger Pockets Arizona! I have found a few properties in Scottsdale/Phoenix area that have detached garages that seem to be a very easy conversion to living quarters. I am thinking of picking up one of these prope...
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Hi, I'm an out-of-state investor looking at properties in the 60411 zip code. I see the price-to-rent ratios in the area look favorable, and the crime report on NeighborhoodScout.com makes it look C-class but not ter...
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I'm originally from University Heights / Cleveland Heights, live in Hawaii now and am beginning to research purchasing properties in the Maple Heights, Warrensville Heights, and surrounding areas.
My plan is to both...
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We’re getting ready to go live next month or April. I’ve been researching this question by looking at listings in our same unit (VRBO & ABNB) for different time periods. I read that some people have higher weekend...
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I'm selling a piece of land to a developer, with $200k of the sales price being seller financing. It's due in 12 months (will likely only take them 9 months) at 10% interest paid quarterly. I can get a higher return o...
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Hello All! I am newer to the forums and relatively new to being a landlord. I just purchased a home from another investor and it has a problem tenant in it. Not destructive, dangerous, etc but chronically late and ...