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Hi I have 2 properties that I need to get funded that are not credit driven. I'm looking to find a reasonable private or Hard Money Lender that Investors normal go with to get funding. What is the due diligence that a...
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So I'm a first time home buyer, and I plan to buy a single family home to rent out. I was wondering everyone's thoughts on regular renting vs. rent to own. The pros, cons, and which you have found to have worked the b...
I'm licensed as a Virginia agent and I'd like to get my DC license via reciprocity. Anyone know the most effective ways to prep for the required DC real estate law exam? I'm not seeing any helpful materials online or ...
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Hey BiggerPockets,I need advice because I received a letter from Mid-Atantic Appraisal Consultants INC. I purchased my parents 2 family home by assuming their mortgage last October.The letter states I can be overpayin...
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Hi BP,
When analyzing an investment property 3 numbers are extremely important along with others;
1. Debt Coverage Ratio
2. Cap Rate
3. Cash on Cash Return
Most lenders look for ...
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Hi,I need some clarification on how does second home loan and investment/vacation rental loan work, because I have seen that mortgage rate for second home and vacation/investment property are different.1) What should ...
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Hi all! I’m a total newbie here and in the process of researching HELOC terms/rates from different banks for a line on my primary residence. I hope this isn’t a dumb question, but when comparing rates and terms for ...
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Hi Everyone,I'd like your feedback for applying new terms (or teaching me existing terms). So far, market reporting tools like Airdna use traditional industry terms, such as ADR (average daily rate) and RevPAR (revenu...
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The FED announced today it will change its thinking when it come to inflation. They will be looking to “average” 2% inflation rather than force it by raising and lowering rates. They’ll stop relaying so heavily on une...
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Wondering if these cash out refinance terms on a primary residence are good or if I should keep shopping around. Here are the round numbers. Any input is very much appreciated! Remaining on current mortgage - 172kCurr...