David Emerson
Sticker Shocked By 5.50% 30yr Fixed Rate, Pre-approval Shopping?
Hey BP Community! I recently got a pre-approval back from a great mortgage lender but was a bit sticker shocked when it came back at 5.50%. I know rates have moved quick over the past few months and can vary amongst r...
Account Closed
Conventional morgage for rentel property
Hello,
I've read a few post on here about this subject but really no hard answer. Can I buy a single family home with the intent to immediately rent with a low down payment conventional loan? A local bank offers a 1...
Emerson Pariona
Short term rentals on Holiday, Florida
Hi, I just closed a property in Holiday, Florida and wanted to know how are short term rentals around the area? Is it more profitable than renting it out as a lease and also are there any regulations that could cause ...
Mike Day
Indianapolis contractor recommendation
Can anyone recommend a contractor in Indianapolis? I have projects going on there from time. If you know one, or are one, let me know! I have a duplex on the east side that needs a light to medium rehab including a li...
Collin Emerson Miller
[fix n flip] Do you get an inspection first, then build SOW?
Hi, was curious if you always get a full inspection done to build a Scope of Work for a fix and flip. If so, have you ever gotten an inspection just to find out that the scope is too costly to make it a profitable fli...
Jeremy Emerson
Rental calculator help
Every time I calculate a rental, it comes back with negative cash flow, Am I doing something wrong? Here's an example. https://www.biggerpockets.com/...
Edward Emerson
Help with Texas Wholesale Contracts??
I’m starting my first cold calling campaign using a list of about 500 that I’ve complied from driving for dollars. But I was wondering about the various contracts I will need. Does anyone have any resources or suggest...
Emerson Hazell
Bank FHA requiring 25% down
Hello,
So I have been planning on purchasing my first property ever. My plan has been to buy a duplex or a triplex, be an owner occupant in one of the units, and put 3.5% down. Thinking this is very common with many ...
Cole Emerson
Lease up help recommendation - Indianapolis Property
Hello All,I am new to bigger pockets. I recently joined to see if anyone has recommendations for someone who can help me lease up a property that I have in Indianapolis IN. I have had a really rough property managemen...
Colin Emerson
44 units through 5 building
Hey BP multifamily, I came across a potential deal in vero beach where a seller is offering 5 multifamilyunits totalling 44 units asking 2.6M. It's off us1 and near another major road but it's almost it's own,cul-de-s...