Dana Kelley
Interest rate
I just got approved for interest rate for an investment property for 20% down at 4.375%. It seems a bit high to me. We have great credit scores and high income. Should I shop around or is this normal for an investment...
Nathan Gulbronson
Rental Property affects Financial Aid for College?
Hi my name is Nathan, I am new to BP and real-estate in general, I could use some advice. I am 22 and start my first year of college this week. So i am Using the GI bill to pay for college, but I also got approved fo...
Mark Anderson
Criteria For Rental Tenants
Seeking some advice for criteria that is in important for seeking good tenants. For some background of the type of tenant a B class area 2 bedroom quadplex. I am using a BP lease and some criteria i have in mind that ...
Aaron Sanchez
Single family/duplex/fourplex- which is better
I want to invest in my first property but i don’t know what kind. I know duplex’s and fourplexes make more but have more risk. Should I just start with a single family home? I am using a lease with option to own plan ...
Derrick Gordon
COUPLE ISSUES WITH BIGGER POCKETS CALCULATOR
1. If I am using a hard money lender I will be using "All Cash" but the Calc Does not offer an option for points if you pay cash, ONLY if you are financing.2. If you have other income that is not Monthly income there ...
Doug Haisten
How to use the Rental Calculator
I am using the Rental Calculator (in Bigger Pockets) for a several unit purchase (SFR). The owner's price is what the county has set for the properties on the Tax Assessors. How do I determine the value of these house...
George Ozoude
When to involve the contractor
I am using the BRRRR strategy on small and large MFH. I am needing to efficiently and accurately get repair costs as deals come across for consideration. Any advice on either when in the process or how to start contac...
Jason Wright
Creative Mortgage - Can Fiancee "pay rent"?
Hello Bigger Pockets!So, recently I was prequalified for (x) amount of dollars through a mortgage broker - it is solely based off of my debt-to-income, but I am using "gifted funds" from my fiancee for part of my down...
Ami Singh
I need LLC docs for SDIRA - operating and subscription agreements
Please contact me if you know of a good resource to get the correct LLC docs (operating and subscription agreements) when I am using SDIRA funds for equity in a deal. I am based in LA, so I prefer to work with someon...
Melsi Bifsha
Lenders in Chicago
I have a property that cashflows looking to purchase it by June 1st I need some creative financing the seller wants 130k cash to close rental income
3100/month any recommendations about finding a way to buy it
I hav...