Could building houses make you more money than buying existing ones? When should someone use the 1% rule in real estate, and when does this metric point to a cash flow disaster? What’s the best way to get more capital or funding for future real estate deals: get a HELOC on your primary residence or look for investor-only DSCR loans? We’re pulling some of the top questions from the BiggerPockets Forums and giving our answers on today’s show!
Expert investors Dave Meyer, James Dainard, and Kathy Fettke from the BiggerPockets On the Market podcast are on today to answer YOUR real estate investing questions. First, we return to the age-old debate, “Does the 1% rule exist anymore?” With high home prices and lagging rent growth, this once foolproof metric could be an outdated calculation inexperienced real estate investors should avoid. Next, can you make more money building houses than flipping houses?
Are turnkey rentals the best “low headache” real estate investment? We’ll answer that and give our thoughts on when to use a HELOC (home equity line of credit) vs. a DSCR loan (debt service coverage ratio). Finally, for our out-of-state investors, we share the top metrics to look at BEFORE you invest in a new market.
Want to ask a real estate investing question? Post yours in the BiggerPockets Forums, and we might select it for our next show!
Dave:
Should investors consider building a new home versus renovating an existing one? Does the 1% rule even exist anymore? What is the best way to fund a new investment, A-D-S-C-R loan or a heloc? This ends so much more on today’s episode.
Dave:
Hey everyone, I’m your host, Dave Meyer and with me are two very seasoned investors from the BiggerPockets Universe, James Dainard and Kathy Fettke. And today we’re going to answer your listener questions. Our team went through the BiggerPockets forum and pulled some of the most interesting thought-provoking conversation starters, and James, Kathy and I are going to…