Hello BP, what are the lender requirements for Mid-Term Rental income? I started my MTR in Sept 2023 and some lenders I've spoken to are saying different things such as 1 year tax returns, 2 years tax returns.. Can't ...

I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...

Hi Bigger Pockets Family

I was wondering has anyone used RentRedi, Innago, Hemlane or TenantCloud? I know that with only a few properties I could handle things without the software but I'd rather start using it now...

So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...

Hello,I am in the process of setting up to conduct business in North Carolina (specifically in Raleigh and the Triangle area).  As far as I have discerned, the area I am interested in has a high emphasis on knowledge ...

I'm new to this, so I apologize in advance if I miss something basic.  I'm just trying to understand the best way to value a commercial property.  I just read an entire book that talked about CAP rates, and now I'm fi...

We're closing on our first STR next month (yeah!) and need to get the property set up for renters. Please tell me about some of your favorite STR furnishings/kitchen items/bedding/towels/security gadgets/etc.  Put on ...

I'm curious to hear from the people who syndicate what their minimum required investments are from investors?  I understand that every deal is probably different so there's not a 1 size fits all kind of answer but is ...

Hi all,I am in the process of purchasing an 1100 SF house.  The house currently has a fuse panel and outdated wiring.  We will be changing the layout so, figured we will upgrade all the electrical while we are at.  I ...

I am a member of Lifestyles Unlimited and they don't recommend these for purchase. Can anyone explain to me better why they aren't a great deal to get started? Financing is great if you can live in one and seems it...