Jordan Moorhead
$130,000 Profit from first House Hack
16 October 2021 | 57 replies
jordan, you beat me at my first year.i sold my first only rental a single wide trailer on own land feb 2017 which only paid loan earned $ 7k, profit on depreciating asset, all while living down street in foreclosure i bought earlier, zero down, since it had 2 "homes" on 15 acres i had it surveyed with new deed and subdivided the 3 acre back lot camp barns, then went credit union put debt consolidation note on camp since owned outright, no appraisal or inspection needed, cleared ratios to refinance the bigger nicer one home, used that money cash out to help me buy a 3 unit, financed fix up money, then moved into 3 unit, rented primary home, rented 2 other units, then with 3 rental units income qualified just bought 3 b1 b house to rinse and repeat now in process to refinance my fixed up 3 unit. now i just incorporated after joining bp, thats all in last 15 months. now if i can get enough cash out refi on my 3 unit im praying for good appraisals to buy reo down street to rinse rehab and repeat and im still not sure im doing it right. im still using banks or credit unions. love find investor to simplify process and reduce paperwork.i tried listing my camp on air bnb but no one wants rent off grid river front home. lol.now got hire crew and management.
Account Closed
First time REI in old manufacturing City
14 May 2018 | 0 replies
I just obtained my real estate license, and while reading up on how to hone my skills as an agent, I came across bigger pockets and have started to consider the world of REI.
Naji Boutros
Successful landing pages?
3 July 2018 | 6 replies
The second page is for investors to register and possibly receive those off-market listings.I originally posted a link to those pages, but Bigger Pockets auto-deleted it.
Gabe G.
fannie 10 loan limit. I have 10 mortgages, can i purchase primary
16 May 2018 | 5 replies
My guess is that the underwriter is going to look for the following:- Does the new property fit with what is going on with your life (meaning family - bigger home, kids leaving- smaller home, etc)?
Jim Ostler
New STR investor in Chicago
17 May 2018 | 11 replies
@Jim OstlerWelcome to Bigger Pockets.
Shane Jeanfreau
Refinancing 40 unit complex out of a owner finance deal
4 June 2018 | 10 replies
I sold a few duplexes i had last year to try and tackle something bigger but never thought i would be trying to do a 40 unit honestly.
Austin Rankin
Asking for professional opinion about Facebook advertising
17 May 2018 | 20 replies
Great question @Jorge De JesusI personally would not care much of the bigger fish.
Jacob Trimble
New member to Bigger Pockets
15 May 2018 | 5 replies
I am not sure what to expect from Bigger Pockets, so far I've used it a little and have listened to a few podcasts.
Joshua Ferguson
Wanting to start in rental properties
15 May 2018 | 4 replies
Bigger pockets is a treasure trove of knowledge and you would do well to read up as much as possible!
Russell McCluskey
Single family home or owner occupied multifamily for first home
17 May 2018 | 8 replies
Hey Everyone,I am a new bigger pockets PRO member and this is my first post.