Property $40,0000 + $3,000 Rehab ($850 Closing) - Rent conservative $700/mo - optimistic $750/mo (its a 3/1 I have a 2/1 close that I rent for $700 right now)Commercial loan from portfolio lender that will finance u...
Working on a 203k loan to renovate detached garage into MIL. Current rate = 2.89, new rate would be 4%. Cash flow will increase once construction is complete. Cherry on top though is this loan will qualify me for a 25...
Hello BP. I am trying to tap into my home equity (Heloc) for buying additional investment properties. Lender gave me two options for Heloc limit and rate: Option 1 - limit of $171k at a rate of 4.75% and Option 2 - li...
Hi BP! I'm looking to do my first fix and flip deal in a new market, Upstate New York (Hudson Valley areas). I have rehab experience with SF long-term rentals in MI, but it has been a few years since I've been close t...
is a higher rent justified if you add solar panels to the property elemanateing the need for a outside electric compay?
Hello BiggerPockets , I'm a wholesaler from central Jersey , now I still rent sadly but the landlord said "I will be raising rent since property taxes are going up" I'm supoosse to renew the lease end of this month. C...
We are about to close on a deal and the seller wanted to give us a $1000 credit toward property taxes instead of pro rated. When we asked for pro rated he said that would double it and so he would want to raise the pu...
Does it work? What do you think about doing that?
Hi,Housing prices have inflated over the last year and a half significantly.For example in a market where in mid 2020 a two-family was priced at 160K, it is now priced at 260K.My consistent question is does this price...
So I find myself in a situation where I have the opportunity to get my graduate degree paid for by the military. My end goal is to have passive income and financial independence when I finish my career (I love my job,...