Hello again BP Nation. For those of you not familiar with me or my situation, I just started my 1st Flip and have had a very strong belief in doing a lot of the work myself as I feel it is important especially just s...
We have 12 residential mortgages. We want to scale to buy more properties or build. Trying to figure out the lending part and how to scale our portfolio. Open to ideas. How does everyone scale when they are at the res...
Just trying to get a read on how much an appraisal typically costs for a construction multifamily unit. I am finalizing a construction loan on a 6 unit building in Philly which appraised for $420,000. Initially, I se...
Hi all! So my DTI is currently too high to qualify for a conventional loan. If I go DSCR route how much do they give you towards the house ? I know it’s based on income the house makes so that could be tricky question...
Hi there, I am very new to the bigger pockets forum but I love the podcast and have read some BP books so I decided to come on here and check it out. I'm not entirely sure if there's a big or if there even is an audie...
I am trying to get interest only loan to scale my portfolio and increase my cash flow. I would refi later . Looking for some inputs. Thanks
Every flipper has found themselves at Lowe's for the fourth time in a single day, picking up yet another piece of material for a project. Most investors choose materials on the fly, right as their contractors need the...
I purchased a short term rental (STR) December 2021 and it is doing great. I am ready to purchase another but won't have the funds for another 6+ months.
I have reached out to family but even though they see the mon...
Hello, I've decided to start my STR business in South Florida (Miami and Fort Lauderdale) as I'm currently in the research phase. I'm looking to do arbitrage where I can rent a single-family home from the owner and sc...
Hi Everyone,What is the best way to scale my multi-unit portfolio? I currently have 2 duplexes; I acquired my first one in 2019 using a 3.5% down FHA loan, and my second one in 2021 using a 15% conventional loan. Of t...