Hello , I have a rental property in memphis and now planning to get second one.I need to understand if I cash-out-refi my first property and put the cash downpayment on second one , Should I consider that as 0% downpa...
Hello everyone,
I am currently working through a challenging financial situation. I have high-interest debt with a 28% APR that I need to pay off before focusing on saving for a home with my current income . To addre...
Hello BiggerPockets,I have sent a direct mail campaign in Omaha, Ne. I had a lady call me and stated she has 3 properties she wants to sell. She currently lives in another state and doesn't want to deal with them anym...
Thanks in advance for any opinions.I'm practicing analyzing deals. A pro forma from a turnkey company has cashflow on a property listed as 220/month, and the bigger pockets forum has it listed at 130. The difference...
What are yall using for your expected maintenance cost of a Mobile Home? Its my understanding through my reading/research that 35% is the typical number. However, I don't think I've seen it broken down as to what is i...
Hello!I own about 5 rentals in the same city in lousiana. I paid an estimate of about 25k for each in cash. (No mortgage on any).the cash flow is a total of $3,100 a monthDo portfolio loans exist for these kind of sit...
I recently got my first property under contract in the St. Louis, MO. market (Florissant, MO. to be exact). I do not have a buyers list but yet I have managed to make some great connections regarding my area where i ...
Hello All,I have been looking at some properties and wanted to start practicing analyzing deals but I'm not sure where to get the information I need from. I live a rural area and I'm not finding much information for t...
Hello all, I currently own a business in which I lease a free standing building on .8 acres/2,200 sq building. Also on the property is a billboard owned by one of the major advertising companies. The landlord came to ...
Hey BP fam, I’m working on get my first deal and this is what I’ve run into. Is 65% x arv - repairs, a good estimate to value a a multifamily rental property ? I got a call from a motivated seller/ seasoned landlord h...