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13 August 2015 | 9 replies
My goals for the future are to gain enough revenue from wholesaling that I will be able to afford my own properties to fix and flip and also some to keep as rental properties.
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4 October 2015 | 10 replies
If you can afford a more costly property, you can realize a much greater cash flow, wind up with better tenants, a better property realizing more appreciation, and have an easier time renting.I have some leads on some quadplexes, and duplexes in the Tampa Area, if anyone is interested.
13 August 2015 | 4 replies
Hi Corey,The strategy we took with a 203k loan was to get into the 203k loan first, and pay the PMI, and then refinance as quickly as possible once the renovation was completed and we had brought the property value up, so we could get rid of the PMI.This is a more expensive option (you pay two sets of closing costs), but we couldn't afford the up-front costs on a conventional renovation loan, so it's what we did, and the numbers worked out once we evaluated the savings from eliminating the PMI.I would shop around different lenders to see what kind of conventional renovation loans they offer.
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14 August 2015 | 7 replies
Debt to income ratio: They need to make sure that you can actually afford to pay the loan.
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13 August 2015 | 1 reply
You must be smart to make enough to afford a 4k mortgage.
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25 August 2015 | 17 replies
I moved back in no small part due to the accelerating real estate market here, where prices are still affordable.
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19 October 2015 | 3 replies
Timely, efficient, and affordable.
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17 August 2015 | 3 replies
I would just get a decent, affordable storage shed and be done with it.
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22 October 2015 | 20 replies
A ton of information and pretty entertaining. :) I'm originally from San Antonio but live in L.A. now and looking to buy and hold in San Antonio.
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17 December 2016 | 24 replies
This forum is not a place to discuss business its purely entertainment and I hate to say it Bigger Pockets is a place for people to get scammed.