Why can a mortgage be only 50% of your income? For many, we pay 90% or more towards rent. Why so strict for a mortgage?Seems like the system is designed to make you fail...

We currently have two rental houses. I'm wondering about refinancing our primary house to free up a line of credit to purchase another property. What are the downsides to refinancing? We have two mortgages on two sepa...

Hi everyone, Currently in the process of trying to buy my first home. I am just curios if anyone has some idea of what bank, CU or mortgage company has the lowest closing cost fees. Currently looking at one that will ...

With present economy, my interest rate is now 8%, which is costing me 1,000 a month in interest. Some months I don’t make but interest only.  It is my primary home, which I haven’t moved past this stage in investing, ...

Hello, 
I'm looking for any perspective as I have no real estate experience. What are the thoughts about using a cash out refi to pay off current mortgage, rent that property, and use cash towards new home? I'm brain...

Hello, my name is David and recently I’ve been drawn to the idea of house hacking. After doing some research in my area the cash flow analysis does not seem to be profitable. For example, duplexes are ranging from $24...

How would you start?  I currently own a townhome that I live in worth $480k.  I owe mortgage around $380. I was laid off my job and I'm currently awaiting my background investigation(BI) to clear and start a new job. ...

Jason did a great blog on contracts: http://www.biggerpockets.com/renewsblog/2010/02/17/whats-in-a-contract-contractors-rehabbing-real-estate/

Wanted to pass one tip along. He mentioned new investors who can't affo...

Hello everyone,I am so excited to have found this awesome resource and look forward to learning as much as possible from all you seasoned investors.  Here is my situation:  I have paid nearly all my debt.  I now owe o...

I am looking at purchasing a condo in downtown Toronto.
The purchase price is $495K with condo fees of $340.00 and I will be looking to do a short term rental on it and potentially switch back to long term once thing...