I was wondering what the Bigger Pockets peeps out there think about selling in a hot market and taking the equity on a rental property that is cash flowing positive $700 a month with a current mortgage of $110,000 ($8...
If a property is not cash flow positive when rent is multiplied by 75%, then how would a conventional lender add this calculation into your DTI? Example $4000 a month 12 month lease signed, actual monthly debt is $327...
Hi all!First off, I have to say I am so excited that I stumbled on to this forum. Glad to see there are so many other people as passionate and willing to learn from eachother. My story at short is that I have a care...
As a private lender, I invested in a portfolio of rental properties (6 SFH and 1 Duplex) where the partners are paying me $3,286 per month in interest. The original intent in this investment was to allow the property...
I have an opportunity to buy a triplex in a small-ish town. The owner is 80 years old and just wants to retire from landlord duties. She owns it free and clear. The list price is $80K, but after doing the comps in ...
I'm not trying to offer this as a deal, I am trying to learn how to find people who do these kinds of deals. I'm the holder of a $350,000 mortgage note that is in the third position. I invested in a 4-unit rental prop...
That is, while house hacking. At least in the areas that I've been searching for multis. Excuse the controversial subject title, but, I needed this post to stand out a bit :) So....I've been searching for a property...
We've all heard of the deals where one partner puts in Cash, and the other partner puts in Sweat Equity, Contractor/Site Management, etc..I'm looking for suggestions on how to assign value to a deal that has an initia...
I've read a decent amount this morning about what is and isn't legal for bird dogs, but I still haven't got the direct answer I'm looking for...
Here is the question: (Indiana)
Can I post an Ad on craigslist looking ...
What does this do to the first position? Will they allow a loan assumption as the new deed owner?