6 March 2019 | 5 replies
Despite your recent move to NC, you do not yet qualify as a Southerner.It's spelled y'all ;)
10 March 2019 | 7 replies
You can also look up the event section here on Bigger Pockets.Depending on your knowledge and skill level it's always a great idea to continue your learning journey on everything BP has to offer at no cost and then move forward with their awesome guides and books in the links above.You will have a thousand questions on the way and here on BP, you can get more than a thousand answers.
10 March 2019 | 27 replies
Price is to high to cash flow, you're paying to keep the house2. 3% comissions won't go 100% to you unless you're a broker, also the title company has to send the check to your broker first and then you can pay off the lender of that money (if you borrow the downpayment money from your qualified relatives)3.
27 March 2019 | 1 reply
I'm also thinking of renting out half my house and hence the mortgage interest (half of it anyway) could be applied to the E vs the A and I might still be better off by then qualifying for the std. deduction.
3 December 2019 | 7 replies
It takes up your time and it takes time to work the internet to return yields.In other words: Above paths will demand most of all the precious time input from YOU.There is a better solution.I didn't see the need to try another app like Arsenal MKg, and I'm not saying some might be happy with it, however, it depends on where you are currently in your business skill, knowledge and mindset level.I'm a commercial real estate syndicator and life long marketer, so yes, my response might sound bias to some, however, the real question you need to answer for yourself is: Do you want to be and stay stuck with the immense repeat time investment and painful learning curve, which no software will solve for you, or do you want to focus on growing your team (with the appropriate skills) and business by doing what you do best (outsource the rest): Buy & Sell real estate.Food for thought ;-)Feel free to check out a few of my other comments to other fellow BP-users on this same subject.A great book on this subject by Timothy Ferriss, The 4 Hour Work Week.
16 August 2019 | 41 replies
With $300k of student debt hanging over your head simply qualifying to buy additional investment properties will be extremely difficult cause your debt ratios will be totally blown out.
16 March 2019 | 53 replies
After 2 years fannie Freddie banks will count rental income as income towards qualifying for more loans.
8 March 2019 | 8 replies
But I'm not sure if we qualify for a heloc or a equity loan because of our loan mod from 5 years ago and the solar lease.
7 March 2019 | 2 replies
The money for these projects is also in the general savings account.Property #1 will have to wait for 6 months to season for my refi since I didn't get reno costs on the HUD-1 but all projects going forward will be set up to qualify for delayed financing.My question is how does everyone else manage and track the money?
20 March 2019 | 10 replies
If you have experience with it, would love to hear your thoughts, but that's not my main question.I was looking into an Health Savings Account (HSA) which looks like a great option as well for minimizing medical costs (since most non-premium payments can be deducted via an HSA) but You must have a high deductible health insurance plan to qualify for an HSA.