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Hello everyone,In the process of finding a STR in Pigeon Forge/Gatlinburg, TN area. Any advice as I interview lenders in the area. I have a DTI of 18%. Appreciate the help the awesome people of these forums always ...
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I'm curious on people's opinions between commerical loans with variable rates over 25 years vs conventional fixed rate mortgage over 30 years when looking at SFR and small (duplex/triplex) MFR. What are the pros/cons ...
Hello,
I'm interested in getting started with investing in real estate and I'm curious about the accuracy of sites like redfin or zillow - Particularly the info which shows the estimated annual principal, interest, a...
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There are many sites which I know of in which you can pay either a per list fee, or a subscription fee, to have access to motivated seller lists.My question is does anyone have any recommendations for ways to obtain t...
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Hi Everyone!I am new to BP and am practicing using the calculators. This is a real property I have listed and I wanted to post it in some of my FB investor groups, along with the rental report. However, I want to be s...
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Hello all,This is my second attempt at using the BRRRR calculator. I've now accounted for mortgage insurance, higher allocation for capex and general repairs. I've also extended the time for refinancing to allow for "...
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Can someone explain owner occupancy and lending to me? I had a real estate agent say that FHA loans can't be used to finance duplexes because of something called "owner occupancy" and that you don't occupy the full pr...
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Hi All! I've been doing lots of reading/researching/listening and am finally about to pull the trigger on my first property! It will be a buy and hold using the BRRRR strategy. Either I'm running the numbers wrong, or...
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Hello BiggerPockets. I am a rookie trying to put together a spreadsheet of some of the markets I have in mind for BRRRR properties. What is taking so long is that I don't know where to find the most recent, accurate d...
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Hi guys!I just purchased a 4 beds 2 bath single-family property in Jacksonville, FL. I used conventional 3% on it with downpayment assistance. I have my dad and two brothers to help me with the monthly payment. So in ...