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Hi everyone,I am in the process of offering on a property that currently has aluminum wiring. With all of the unknowns from possible lender and insurance requirements, my question is, should I run from this deal beca...
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The FED left interest rates unchanged today and indicated that they are likely to begin cutting several times in the coming year. The mortgage market has responded with one of the largest daily rate drops in my two de...
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Hello BiggerPockets Community!I am planning on investing in my first property in the next 4 - 6 months and I had a question regarding HML financing. I am leaning towards a Buy-Rehab-Rent-Refinance approach and was th...
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Primarily buy and hold SFR. Recently have been looking into investing in multifamily. Do DSCR lenders require the 20% down payment like traditional loan products. Or would a PML be able to help with long term PML loan...
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Hello BP,My name is Greg and I'm new to the BiggerPockets community. I grew up and spent most of my life in Northern New Jersey. I currently work in Clifton as the Creative Director of a small web firm. I discovered B...
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Hello everyone my name is Frank Macias. This will be a bit of a long post but if you care to read through it thank you in advance!I am a pharmacist in my late 30's, I have a wife, a 3 year old daughter, and a 2 month ...
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Hi! New to BP and REI. I'm under agreement for my first multi unit. At this point, I'm planning to manage it myself, but as my portfolio grows I'd like to outsource it. I'm hearing that I can assume costs for a manage...
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What do you do when the sellers ask for proof of funds and you are just starting out? Pass?
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I do not think properties like this exist in the Seattle region. If I ever relocate what would be the best state for maximum rate of return? is the normal 1.5-2.0 percenters assumed to require the owner to manage and...
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I am considering doing a mailing. Called a company yesterday...3200 names, absentee owners/landlords of SFH and multi's, in 3 different zip codes I selected. $980. By the time I buy stamps ($1400), envelopes, paper fo...