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My husband and I just purchased our first 4 plex in Loveland, Colorado. We want to renovate the units ourselves to get a cash out refinance. We have currently renovated 2 units and one more to go. We decided to try to...
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Hey everyone. Looking for a general understanding of how DSCR Loans work. I understand that ratio generally needs to be around 1.2, but what's the percentage of an average down payment on one I should expect to pay? H...
Hi Experts,Need some guidance. Property is in Mckinney (Dallas) Texas. Tenant is evicted after following all the legal procedures by my property manager. They haven't paid 5+ months of rent and on top of it they trash...
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I am going to take over my parents California home mortgage after they refinance to buy a home in Utah. They are looking in to adding me to the title of their home in San Jose, CA (both their names would stay). We pla...
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Good Morning BP Community,I have noticed a lot of Multi-Family Properties are coming to the market here in South Florida. I would like to get some thoughts on this. Pre-Covid, there was a lack of inventory, now the in...
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Hi I am new to the BiggerPockets family and forums. I am also new to RE investing. What I am trying to understand is how to get the details of a subject to on a pre-foreclosure complete sell. I understand how you woul...
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Hello everyone,It’s obvious that there is lots of talk about this election, low interest rate, and sooner than later, another possible 2008 repeat. I’m currently UC in the Midwest. Market in this area has definitely m...
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I’m trying to obtain my second rental investment and I’ve come to the realization that saving up the 20% everytime, is just not realistic for the goals I have in mind. My biggest goal and aspiration is to successfully...
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Hi BP group,I, and I’m sure many, have a lump sum of money in a 401K/IRA. I currently have my money is a self directed IRA and use it for hard money loans. I flip the funds and do well with this strategy. However idea...
Hello everyone, Im brand new to real estate investing and have started searching for information on the matter. Reason being is because I have found myself in an odd situation and would like some feedback from some se...