Qwee Parker
Student loans factored into DTI?
24 November 2024 | 2 replies
If a student loan is in repayment, or scheduled to begin within 12 months from the date of VA loan closing, the lender must consider the anticipated monthly obligation in the loan analysis and utilize the payment established by calculating each loan at a rate of five percent of the outstanding balance divided by 12 months.
Becca F.
Buying from a flipper vs. primary homeowner vs. BRRRR for OOS
25 November 2024 | 3 replies
Important things to check include opening and closing every cabinet, looking under sinks, pushing on doors and cabinets, and checking commonly used areas.
Jamie Banks
Turning A Primary Home Into A Midterm Rental
26 November 2024 | 11 replies
Include expenses like utilities, HOA fees, and reserves
Taylor Davila
Converting single family into multifamily
23 November 2024 | 2 replies
You might have a home that literally takes one dividing wall of 2x4s and a kitchenette, or you might have a home that you need to add exterior doors, breaker panels, relocating utilities, etc.
James Wise
Exposing more of Bob Prisco's (AKA Bob Stevens) Lies
21 November 2024 | 6 replies
I think it would be a disservice to all of the consumers who utilize BiggerPockets to learn and network with professionals and service providers to not have this new information given to them.Bob Prisco (aka Bob Stevens) actually utilized a 2nd BiggerPockets profile from 2018 to 2020.
Burton Boone III
Acquisition in Maine. Leverage question
24 November 2024 | 2 replies
Proposed property were paying 60 grand to unit utilities are paid by landlord I’m hoping in a year this will net me $6000 a monthWas using voice to text sorry if there’s any grammatical errors.
Erich Hatch
Estimating Rehab costs
26 November 2024 | 9 replies
You can also learn average costs for common repairs in your market to get a ballpark figure yourself.
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
they DONT these guys are trainers there is huge money in it far more than they could make actually wholesaling .. think about it the amount of properties that can be wholesaled is quite small actually very very narrow real estate nicheThe amount of dreamers who want to make money wholesaling and then buy rentals then retire ( this is a common theme among those who start the wholesaling gig).
Nathan M kiefer
400k bonus - tax mitigation
26 November 2024 | 13 replies
Many people saved a lot on taxes utilizing those vehicles versus a Defined Contribution Plan like a 401(k).
Vanessa Lule
Newbie in Rental Arbitrage –How do I Analyzing Profit Potential?
19 November 2024 | 14 replies
If you have enough unit it will make sense to have cleaner on your payroll but to starting off, most common sense is to find a very high quality, reliable cleaner that works with your budget.