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looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
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How passive can someone invest/own larger apartments? Say someone makes enough in their primary business to invest in larger apartments (40-200 units) and decides to hire a good 3rd party manager. How passive of an in...
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I recently purchased a commercial real estate property and on the verge of closing. I am interested in investing in more properties so for the past three months, I have been constant on the look out and looking for pr...
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Greetings my good friends at Bigger Pockets! My wife and I are looking to acquire our very first rental property. (WooHoo!) However, we need some ideas on how to get financed.
The scenario... We have no money to put d...
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New LP syndication investor here dipping my toes in and looking to do my first deal this spring. With compression between CAP rates and debt service due to interest rates rising to a much more normalized historical le...
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Hey BP,I am looking into purchasing a $170,000 duplex using an FHA loan and house hacking. The duplex is a bank foreclosed REO and I think the asking price is about where the home is valued at. It is located in a ni...
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Live on Long Island NY. Because of the high real estate taxes on Long Island it doesn't make sense to rent properties unless you are holding section 8 homes where you are guaranteed payment each month. I really don'...
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Hello, I'm an investor, less than five properties and growing. I have heard several podcasts about the importance of a solid tax strategy. My current tax preparer does not seem to offer much of a strategy with regard...
Hi,
Looking for advice or attorney assistance related to my former Property Management firm CHRESTATE Real Estate Group, LLC based in Tampa.
It's a long story but since our agreement was terminated and ...
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As we enter 2H 2023 and head into 2024, I expect mortgage rates will increase and eclipse 8% on average. First, I expect the federal funds rate to rise one more time by 25 bps, to continue to rise before settling in w...