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3 November 2024 | 24 replies
The Mortgagee may consider that this income is reasonably likely to continue for three years.Calculation of Effective IncomeThe Mortgagee may only use Section 8 Homeownership Voucher subsidies as Effective Income if it is not used as an offset to the monthly Mortgage Payment.
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6 November 2024 | 8 replies
Brendan, the VA loan can be a powerful tool in your investing career especially as you continue to PCS around the country.
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4 November 2024 | 2 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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6 November 2024 | 26 replies
It's generally a useful tool for an investor who is estate planning and has a step-up in basis event on the horizon and can liquidate out of the REIT easier than out of the traditionally held property.
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1 November 2024 | 2 replies
Hey BiggerPockets Community,As someone who's been immersed in the real estate space for a while, I’ve come across some incredibly effective strategies that have helped wholesalers and investors streamline their lead generation process.
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7 November 2024 | 8 replies
These are great for setting expectations and as management tools (especially, if you actually set those amounts aside), but they aren't ACTUAL cashflows (even if you do set them aside).
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6 November 2024 | 5 replies
Expanding density is challenging to pass, but it can effectively increase supply and balance out costs.
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14 November 2024 | 40 replies
BP is a convenient tool for that because it's more transparent and usually the best advice gets the most votes.
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2 November 2024 | 64 replies
Just put the tool on one of the boards that has a gap and hit the slanted end with a rubber mallet.
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5 November 2024 | 15 replies
You can buy a single family home, live in it for a year, then rent it out afterwards, and that would effectively be an investment property after you moved out, but you also got the more beneficial terms of it being a primary residence loan.You could buy a single family home and rent out bedrooms while you are living there, and that would effectively be an investment property, but again, you have the more beneficial terms of a primary residence loan.I wouldn't get caught up so much on if a property you buy is an investment immediately so much as I would focus on what your goals are and how each purchase would be step towards your goals, whether that is house hacking or just buying investment properties you don't live in.