Hi BP community, anyone noticing the 10 year US Treasury yield lately (tied to the mortgage interest rate)? It is now breaking above 2.5% and if prediction is correct it will rise further in 2018 (steepening yield cu...
Pretty interesting piece on CNBC today following a great report on the national flipping market from ATTOM Data. Looks like the rate of flips increased from last quarter, but the profit margins declined. Interesting...
Hello,
I have $10k available in a personal line of credit.
I currently have the funds I need for a down payment and closing costs for my next property but was curious about reserve funds.
Would a traditional lend...
Rising Labor CostIncreased Government SpendingProlonged housing shortages all equal the main pressure pointsInflation is picking up and looks like it will increase over the next 18 monthsa half of a percentage point j...
Is the 1% Rule just a general guideline or does it not matter if the potential property being evaluated is showing good cash flow; $225/door and 12% returns.
Please assist. If I can achieve a gross return of 5% - 7% (calculated by annualizing my net rental income, and dividing this by my cost, am I not much better off than the best CD rate? Plus, I take a shot at increa...
I'm curious to see folk's philosophy on this. I consider my personal residence to be a doodad I live in. Yes, I bought it at about 20-30% fmv but regardless, it is a piece of real estate that garners no cashflow for...
Hello Bigger Pockets financial geniuses!I am not totally new to the world of real estate. I have purchased and sold 3 houses in my life but have never considered any options other than selling and upgrading. I am at...
I’m refinancing some properties. My thought is to do a cash-out refinance at these low rates for additional investments. Pros/Cons?
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $2,300,000
Cash invested: $200,000
Single Owner 1970's build, Class B, 20 unit apartment complex with garages...