Josh Willis
How to get started in real estate with only $10k
3 December 2024 | 15 replies
A house hack for a primary residence for about two years and then you could repeat this again.
Ben Berg
First Time Buyer with house hack!
3 December 2024 | 10 replies
Pay attention to whether the room is a primary suite (your own bathroom) or shared bathroom, how many roommates, etc. as those would factor in to how much someone would be willing to pay.
Isabella Romano
DTI issues applying for new loan- HELP
29 November 2024 | 6 replies
For your existing primary, you will need to have it leased with the security deposit and first month's rent collected.
Natalie Jarusewski
When purchasing a multi-unit, what are deal breakers?
30 November 2024 | 2 replies
A little more about the situation: I bought a duplex last year as a first investment property / primary residence.
Cole Farrell
Starting with a SFR is a mistake - prove me wrong
5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.
Samuel Richardson
New to BiggerPockets and Rental Investments Looking to Network
4 December 2024 | 15 replies
Living in one unit and renting out the other helps you scale quickly because you need a lower down payment for a primary residence.
Anna Davis
Interested in house flipping… using HELOC .
3 December 2024 | 5 replies
I recently took out a Heloc on my primary home to do a repair and consolidate some debt.
Quentin Lee
First Deal Advice
5 December 2024 | 5 replies
Naturally my DTI is high, however my only debt is our primary residence mortgage I have had since 2020.
Mic Salvador
New Here :)
30 November 2024 | 16 replies
I feel so fortunate to have found BiggerPockets, as it’s been a goldmine of information and resources.Currently, I’m leaning towards the BRRRR strategy as my primary niche.
Chas Lumley
New Invester in Omaha
4 December 2024 | 4 replies
If married you can exclude $250,000 each in capital gains if your primary residence.