Hi Bigger Pockets! I am pretty new at REI and wanted to get some opinions about my current situation with my one and only rental property.  It is a SFR that is renting for $1,100 per month.  My current mortgage paymen...

Hi BiggerPockets Peeps,I recently sent my previous tenant his deposit back after deducting a substantial amount for damage, repairs, and an excessive amount of cleaning the house needed. I sent the check on 8/25/2022 ...

Hi everyone,This is my first time posting and I had a question regarding DSCR cash out refinancing:Are the DSCR loan amounts calculated strictly on the debt service ratio or does an appraisal come in to play? Reason f...

I (broker) have a client who has about $80,000 in 1031 exchange funds and our 45 day identification window expires on Monday.Just so happens that I have access to a "subject-to" deal which will require approximately $...

Hello,
Currently I’m in the cash out refinance process on a duplex.  The loan terms from bank didn’t give an APR, but stated “maximum legal rate”.  What does this mean?
Interest. The unpaid Principal Amount of this...

Hello BP!I'm a new investor and currently looking for a property to BRRRR.  I plan on using the HELOC on my current home to purchase the home outright, then refinance with a conventional loan after repairs are complet...

Hi Folks!New to real estate investing. My lender told me that the rates changed again this morning (80 basis points), so looking for recommendations here on which option is more sensible - using HELOC to buy all cash ...

Hi,

I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...

I hope everyone is having a blessed day, I currently work a job in logistics and after everything I am able to have roughly 3000 in free cash flow (I am fairly frugal). What would be the best way to use that to make m...

Traditional Financial Planning advice goes out the window when you start investing in real estate.Questions for BP:- What proportion of your total wealth is held in real estate?- Why do you keep the asset mix you keep...