Raj Patel
How to cash flow using DSCR?
With conventional mortgage rates hovering around 7% for 30 years… cash flow basically happens at 6.5% cap rate and above. If you don’t care about cash flow year 1 you can go down as low as 6% cap rate and still break ...
Daniel Green
First Mailing Going out
I've just started to do my first mailing- Purchased the list off of ListSource.- Filtered by owners who have received Lis Pendens over the past 12 months.- Restricted my search to just a few towns: Englewood, Dumont,...
Jay Krietzman
New to REI in Oregon, and the Pacific NW!!!
Hello beautiful minded people of Bigger Pockets!,I'm super new to REI and I've been bit hard by the RE Bug. My wife (Nicole) and I have found that we're not spending the time that we want with our kids (Wylla, 21month...
Chris Fitzpatrick
Portfolio Strategy for Next Stage of Cylce
Hi All - long time reader first time poster.I am curious as to how other small/medium size MF investors are thinking about operating their portfolios as we head into the upcoming rate cut environment (however far in ...
Jeff Jenkins
Multi Family Exit Strategy
It seems most lenders are only providing 20-30 year amortized loans with either a 5,7, or 10 year balloon, and most of which have prepayment penalties. What is the exit strategy under these circumstances?
I ...
Bobby Barlow
Can I get a mortgage on a paid for house I just had built
My wife and I sold a business and moved to Florida where we bought 5 acres and had a house built for roughly 220000 for the house and 35000 for the land. We moved in about a month ago. I got a new job about 3 months a...
N/A N/A
HELP!! Newbie in Chicago suburbs
Hello everyone---- I haven't invested yet, but I've read 6 or 7 books on foreclosures and how to acquire them. I think I have paralysis by analysis :cry: Can anyone help me? Should the first step be a pre-approva...
Account Closed
Refinancing or Cashing out of Hard Money Loans?
I need some advice on a current investment and how to get out of this financing situation were in. We purchased a flip/fix using 2 hard money loans (one for the initial purchase, one for the rehab costs). The 2nd loan...
Angela Yan
Lives in SF interested in out of state investment
Hi! New to the pockets and found this so helpful in learning about all aspects of Real Estates. I bought in 2009 in SF and gotten some great equity since then. Ready to use it in something else but knows nothing about...
Oscar S. Holguin
First purchase may have left me dry
Hello all! I have recently closed on my first deal a va foreclosure that was appraised last year at 129k
PP was 96k and the new appraisal came in at 106k
(The house is needing tile,water heater, repair to a parapet ...