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Hello I am new to bigger pockets as a pro member and been listening and reading several books by biggerpockets for quite sometime. Currently many people I know as well as myself find the high interest rates repel us f...
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if I purchase subject to existing mortgage deal, does it lower the sellers DTI?
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https://www.dallasnews.com/business/real-estate/2023/08/18/d... Great Article to check out for out of state and in state investors that are looking at the Dallas Fort Worth Market. Has anyone experienced similarities...
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I'm still green around the ears but am preparing for my first rental property purchase this year. Assume for the sake of this conversation that all of my other finances are in order. I have been trying to process two ...
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Hello,We currently have key renter managing one of our properties. We have another Airbnb property that we are planning to turn it into a long-term rental. Keybank is charging us 9% and I think they will charge 8.5 % ...
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Hey BP,What happens when an appraisal is higher or lower than the purchase price?Lets say you put in an offer for a house at $200k, and it gets accepted. Once the appraisal is complete, the value is now $150k. What ex...
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Was wondering if home prices in the bay area will get lower in the future or is it best to relocate to another area?
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Hi BP!I just went under contract for a gut rehab 4-unit in Pilsen, Chicago. It may not technically be Pilsen but is definitely part of the Lower West Side neighborhood. Basically, after the offer was accepted I beca...
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I haven't encountered a wholesaler yet. I have been buying through the MLS. Of my most recent properties bought, I may have been able to purchase the property up to 25k less than asking. Most of these properties di...
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Paid cash for my first house then financed my last two with the same broker. Right now he can get me 4% while Sebonic claims they can get me 3.7%. Their reputation is meh, though. As an alternative, I could get 3.87 f...