If someone is asking 600k for a building that has a 5% cap rate, 30k NOI and i purchase it at 500k. It wouldnt be 5% anymore, correct? Cap rate confuses me a little bit, because that cap rate would now be 6% not 5%.  ...

New to DSCR loan.  Does local credit unions do DSCR lending, or one must get it through broker or a loan officer?  I am in Phoenix area, any suggestion of good source for that? Thanks. 

Hello all, I need some guidance on my listing I have had for 4 years now.  Over the past few months it's really not getting many views? I have adjusted the price daily, changed the main page pic and tried making list...

Hello,I hope this message finds everyone well. My monthly tax payment on my 4-plex went from $1200 to $1800. It is located in Irving TX and is owner occupied. I am also a veteran if that is relevant.I was told I neede...

A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...

Hello BP community. So we have a house that was flipped and put for sale back at the end of July. We had an offer in August but after the inspection report she backed out. It was nothing major just a lot of small easy...

Any insights into SB584 that places 15% tax on STRs but exempts hotels to fund housing situation?  It seems bone crushing high for guests.  If you were a new investor in CA market, this tax will lower your occupancy r...

Hello everyone, I'm sort of new in buying multi-unit properties. My client is looking to widen his portfolio in real estate and love the idea of multi-unit, considering that he will just rent out the units and not sta...

I'm located in a rural area of north San Diego County in a town called Fallbrook. My wife of 2.5 years and I were blessed to be able to purchase our 1bd 1bth 729 sqft condo back in 2020 for $220k. The market now has a...

Hello Wonderful Bigger Pockets Community!

I have been lurking around BiggerPockets for a decent amount of time now. I was fortunate it enough to sell a successful business late last year and after discovering...