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My partner and I are just about ready to get into Airbnb through rental arbitrage. Does anyone have a script they use when talking to land lords? Or can give pointers/ideas on what to say?My main selling points I hav...
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I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
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Hi everyone. I've been reading and listening to podcasts and hear about all these folks that build these huge portfolios within just a few years. What I can't make sense of though is how can one keep accumulating prop...
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I am look to buy my first Multi Family deal and was hoping someone could help me analyze this deal to insure it cash flows. Being that this will be my first deal i want to make sure I am not missing anything
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I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...
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Looking to do my first MF deal, but there seems to be a wide variance in rates - anywhere from low 4s (brokers, but charge an additional closing cost) to high 6s. Where are folks finding the best combination of rates...
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Bigger Pockets Community,
Before the COVID-19 crisis, my investing partner and I were analyzing deals for neighborhood strip centers in our home region. What a difference a month (or three) makes. Over the past sev...
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Hi all! It is my current understanding that in order to qualify with most lenders for a commercial loan, the loan applicant needs to be a business entity (i.e. LLC). First and foremost, if this is incorrect - please l...
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Hello All. 1st time posting here. We are looking at the North Carolina outer banks for some possibe investing and partial living. We are interested in maybe doing short term rentals during high season and then livi...
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I am just curious. With so many resources available, 100% financing programs, down payment assistance programs, urban development programs, places where sellers are begging you to buy their homes, and platforms like ...