Andres Rossini
Smoky Mountains Glamping Resort for $1m? good deal?
I need some help on dissecting financials for this deal. The property is 4 acres with 5 tiny homes and 1 main house (doublewide). All of them currently listed on airbnb. 40 minutes from Gatlinburg. All of them current...
Rachel Mazzanti
Holdings LLC made after multiple LLCs
Hello!Just trying to understand something.So we have multiple LLCs for operating things such as consulting business, accounting business, and others that were created before a Holdings LLC was created. These are all s...
Anthony Freeman
Cash out refinance
In your experience how often do you see refinances above a 75% LTV ratio?
Uchenna A.
Trying to buy a foreclosure that has liens (car dealership also)
Hello Biggerpockets Family,I am trying to buy a house in an auction and I see the house has a ton of lien (including a 40K lien from a car dealership). My question here is - if I win this property and get a "Special W...
Nicole Clemens
Advice please!
Hi guys, I purchased an SFR using private money and am now in the process of doing a cash out refi. My goal is to be able to purchase more rentals but without having to use private money (since it's not always ava...
William Pickett
Mobile home keep or sell?
Hello, first time posting and have been reading a lot on these forums and will continue to do so. I closed on a home earlier this year. I bought it for 87k and put down 20% So my cash and borrowing is over for awhil...
Abednego Kashindi
Conventional loan Refinance
Hello, everyone! I've got a question for you. In June, I purchased a house, and we closed the deal in July using a conventional loan. Since then, I've been hard at work fixing it up, and our goal is to complete the re...
Joseph Haraszko
Using DSCR or bridge loans instead of hard money.
Hi, I have flipped several properties over the last 5 years and held on to several. For my next flip, a friend mentioned using DSCR first, then if dscr not available, a bridge. Hard money has not required me to put an...
John Nelson
Detroit suburb 4-plex analysis
This would be our first property. Am I doing these numbers right?
Owner will sell for 215K.
Gross rents = 2600
Expenses and NOI = 1300 (50% rule)
P&I = 1121 @ 4.75% 30 years
If financed 100%, we'd have 179 cash ...
Joey Hampton
Renting Out Primary Home Suggestions
Okay,
So I am currently living in Charlotte, NC. I have a 3 BR 1 BA, around 1300 sqft. I am looking to rent this out and potentially buy another home. This is the first time that I have ever done something like this ...