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Hello all. Apparently, the best terms on an investment property are currently 5.25-5.375% with 25% down, and 5.75-5.875% with 20% down, this is with a 740++ credit score. 30 year fixed. This is what a reputable lender...
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If you've joined our BiggerPockets site in the last month, welcome! We are a thriving community of investors from primarily the US, but have international investors as well. Please take a second to introduce yourself,...
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Newbie here, bought a new residence and plan to offer my older home for rent or lease to own.
House value is around 170K, owe 120K and rent comps are between $1300. It's been completely rehabbed. If I decide to g...
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Good morning all,I believe I’m finally ready to list my first property today which is a townhouse located in Hoffman Estates, IL (Cook County). I’ll be using Cozy to help me out. I’ve been doing some research using th...
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Hello BP Fam,My lady and I own a rental in Moreno Valley, CA that we are in a dilemma of hold or sell - and I am hoping for some guidance or insight! We currently owe $266k on the loan and the property is worth betwee...
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What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
I've always just collected checks on my SFR in the past and that has worked, but I could be closing on a triplex soon and I am worried collecting checks will turn into a headache. Does anyone have a system/app/program...
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What is your biggest gaf/stupid mistake that you have made in your career so far?It may include you ending up with egg on your face, missing something extremely obvious, or making a beginners mistake. I am sure we all...