Hello all!
My husband and I recently moved to the Atlanta metro and are looking to get into the real estate world out here. We are recent college grads with minimal debt and a small/decent savings. We have been savin...
I am planning to secure my first DSCR loan. I have a property in mind that is 350k. The lender sent me the following options (attached photo). I am a little bit confused on why the monthly payment is so little? For ...
Hi everyone.I want to know how much you have paid for your water submeter. Please include how many units/submeters you purchased. I am only interested in knowing the cost of the submeter itself; plumbing, installation...
Hey guysPlanning for buying Multifamily in a month. But seeing that interest rate may go down, thinking would it be good to buy now or wait?If I buy now then I get 8% APR, then after 6 months I would cash on refi. Ass...
Hey all!
I have a quick question. I am an out of state investor in California and i recently acquired a 4-plex in Indiana. I have an incredible PM that my friends/family have worked with for over a decade. Im runni...
I have a rental property in Denver I am looking to sell off-market so I reached out to an agent I've worked with in the past in the Metro. When I first spoke with her she said she had a long list of investors she woul...
Hi BP community, this is my first post! I am looking for a 4 unit multi-family and have identified some candidates. I want to know if using 7% (of gross rental income) for repairs, 7% for cap-ex, and 7% for vacancy is...
I just found out about DSCR loans. I am a new investor and would like any advice on where to go to apply for one. I am looking to invest in properties in Illinois. I would appreciate any advice or opinions on this to...
Looking for my first deal and trying to educate myself. Here is something I am looking at in the Denver market. Even in Denver is $130 to slim of cash flow? Also, how heavily do you rely on Cash on Cash? This would ...
Just started analyzing deals on the BP calculator. When it comes to % on expenses such as vacancy rates, Capital exp, repairs/maintenance etc....should I always run high % for worst case in order to be safe? The range...