Barri Griffiths
Assessing Multifamily taxes
Hello,I'm currently actively searching for and underwriting deals.I just went to see a 32 unit recently, and it's something that I might want to throw and LOI out on. But before I do I'm trying to dive a little deeper...
Rob Beardsley
How do you calculate annualized return with refinance?
Normally calculating annualized returns is very simple: sum all of the profits and divide by principal and by holding period. However, when there is a refinance event in the model, the cash flows are much lower becaus...
Taylor Shapiro
My Flip-Turned-BRRR Story
I'm seeing a lot of these great BRRR stories and wanted to share mine.It was my forth deal at the time and one of my most profitable ones to date. The place had been listed on and off for over 2 years and was a comple...
Ryan Ilardi
LendingHome
Has anyone used LendingHome to finance a property? The info they provide seems to make them a really good option but I have never heard of them. I did a google search and did not find much information on them.
An Duong
Steps and costs to start a Real Estate Brokerage?
Hi Bigger Pockets Community,I'm a licensed MA broke. I've been a licensed RE sales person since 2004 and I am now a licensed attorney so I have my broker's licenses as a result. I am wondering what are the steps, pr...
Sidney Johnson
Dilemma deciding if this is a good deal or not!
Hello BP community! I'm stuck in a dilemma trying to decide if this is a good deal or not, and should I go through with the purchase.I came across a property that is for sale for 50K, the city has it accessed at $46,5...
Alexander Burkard
First Investment. Fix n Flip or Rental?
So, next year starts my side hustle. I'm having a hard time deciding which one to start with first. The ROI on a Fix n' Flip seems much more promising, but of course is more work. And then I could use that profit and ...
Katie Sylvia-Shea
Avoiding PMI with instant equity in home?
Hi all! My mother is simplifying her assets and I am trying to figure out a creative way to purchase her home that will be beneficial for both of us. The home is outdated and has a lot of value to be added by repai...
Darvin Ezell
Why Does Buyer Pay 3% BUYER FEE and NOT the Seller??
I am trying to do my first commercial real estate transaction and the seller/sellers broker is asking for a 3 % BUYERS FEE? Why would the buyer of commercial real estate have to pay a 3% Commission, shouldn't the sell...
Edward Adams
HOMEOWNER SOLD "SUBJECT TO THE EXISTING LOAN" AND WANT TO GET A NEW HOME LOAN, WHAT DOCUMENTS CAN I PROVIDE THE SELLER TO INCREASE THEIR CHANCES OF QUALIFYING
I HAVE A HOMEOWNER WHO IS ATTEMPTING TO GET QUALIFIED FOR A NEW MORTGAGE. WE BOUGHT THEIR PROPERTY SUBJECT TO THE EXISTING LOAN 18 MONTHS AGO.
WHAT DOCUMENTATION CAN I PROVIDE TO THE RESPONSIBLE HOMEOWNER IN ORDER...