Justin Przybylski
Ratios
What would be a beginner's guide to the criteria and ratios that I would need to analyze an investment property? My goal would be to have the property produce positive cash flow even if its $1 a month. I just wan...
Mike Seluk
When paying off a mortgage - can you deal?
I know this might be an odd thing to ask, but would it be abnormal to try and get a deal when paying off a mortgage? I figure it IS normal to submit low offers going into the deal, why not on the other end (the diffe...
Simon McBride
bought a rental, should i take the loss?
Hi,Looking for some advice. I bought a rental sight-unseen 3 years ago through a friend. The purchase price was 56k, which, in retrospect was rather high for what it is. The first year was great and brought in 950/mon...
Phillip Hunt
First and Second properties.
HI Everyone,
My name is Phil and I am new to BiggerPockets. I have invested in two properties so far on my own. Both were 2 and 2, 1010sqft. Condo's. The first I purchased for 75K then appraised at 8...
Maiko Miyake
what is Cashflow ARM loan?
Anybody knows what this is? and how does that differ from a conventional ARM loan?
Tiffany Onwudinanti
Invest now or wait until I move? (House Hack Strategy)
Hi BP Fam,After much reading and saving, I’m ready to take action in REI. I already know the strategy I want to utilize, which is House Hacking.Thing is I’m planning to move to TN in 1-2 years to pursue school. I curr...
Mazyar A.
Do lenders like to see more properties through partnership, or...
Hi,I have some cash in hand and so does a friend of mine.I understand the pros and cons of partnership from partner's point of view and there are many articles out there about this. My questions is about the point of ...
Account Closed
Private Lending Basics
Good Afternoon fellow BiggerPockets members!I recently received an amazing opportunity to become a private lender in a flip in my neighborhood. I've done some basic underwriting and the deal looks solid. That being sa...
Nick DePrizio
Refi options for a newbie in South Boston
My wife and I own a condo Southie and are currently renting it out while we live in San Francisco. It's Cash Flow positive about $175 a month (which we are putting into principal), Loan was for 328k @ 4.25% and are lo...
Joe Crupi
Help with potential deal on lien/note/loan - apartment complex
Situation:There's an apartment complex that due to some severe mishandling, was about to be foreclosed. Someone came in and loaned them the money to pay the back taxes and fees, charging hard money rates.- Loan amoun...