Hi, I am brand new to investing and I'm looking to finally bid on a foreclosure sale coming up in my county in Florida- everything is online. I finally found a SFR that is within my parameters (been doing a lot of pla...
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I ran across a short sale. It reads the short sale is approved at $200k. Non-negotiable.My understanding of the short sale process was that it is approved to a specific buyer? Does this mean someone else was trying to...
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When putting together a debt service coverage spreadsheet how are you getting the number for your monthly income? 1. The actual CASH collected in a given month let's say from Feb1-28th no matter what it's for (past,pr...
Good Morning Biggerpockets.I'm still very new to this site and still learning more an more about this whole world, but I wanted to ask about some talk of upcoming recessions I've been hearing recently.Background: I'm ...
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Hey guys,I wanted to get your input on this or if this is just happening in New Jersey. I noticed my mortgage went up buy $200 from $1900 to $2100. my rent for my property went to $250 so I didn't see it q problem. I...
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Hey everyone!I just had a quick question for anyone that is doing wholesaling at the moment. I am looking to get into wholesaling as soon as I move (moving to a different state). I am trying to get everything in order...
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Hi everyone! I’m looking for advice/strategies on how to use a 950k line of credit that is provided to me through my bank. This is due to the assets they currently manage in my behalf. I’d really like to utilize this ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $84,000
Short Term Rental 3 blocks from the beach in Panama City Beach, FL.
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First time poster and would like some advice on the best way to structure the following deal. I’ve researched what I can but feel like there are some variables here that aren’t really covered. This would be my first c...
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Hi everyone. I recently purchased a property for $90K got a HELOC and spent it on rehabbing it. Now, my HELOC is tapped out, my FICO is doing down but the property is bringing in $2400/month and has been appraised a...