Investors will sometimes choose the second option / 40 year term because during the 10 year interest only period, the mortgage payments are lower compared to a 30 year fixed so more rent is going into the investor's pocket.

For $500 out of pocket, I have purchased the property for $99k, there were $3k worth of fees on the hud 1, and a repair escrow of $13k was setup.

There are good areas for rentals in pockets all over town so don't think of this like a big city where you might have to narrow down your area to one suburb or specific area of town.

You can’t pay the plumber or the ac replacement bill< or anything otu of your pocket.

Hello,I am new to bigger pockets but have been set on owning a duplex for some time now.

Does it mean joining BP or something paid like passive pockets and becoming a Pro member.

I thought Bigger Pockets was for INVESTORS and CREATIVE REAL ESTATE INVESTING, but NO!

Good afternoon, Bigger Pockets, my name is Taben Tucker i served in the army for four years i have a wife and two kids and i currently live in northern Virginia.

The sad truth is most in the BP community believe the horrible deal with favorable seller financing where zero out of pocket is required is a better real estate play than the great deal that requires traditional financing.

I'm going to be honest, it is kind of scary venturing into unfamiliar territory, after 19 years in the home health industry, but being part of Bigger Pockets gives me the confidence necessary to not give up or slow down.