I hope this is in the right forum and I hope it's not an ignorant question? When purchasing on terms do owner finance payments help offset seller's debt-to-income ratio when trying to purchase another home? Basically,...
Hello BP,After analyzing several areas surrounding Detroit Michigan, I believe that I could invest in SFH with good cash flow. I have not taken a trip there yet but there are pockets of good neighborhoods suitable for...
I live in Durango, Colorado and am thinking of putting in an offer on a home that has a foundation made of wooden beams and large rocks. It was constructed in 1946 and is slightly unlevel in parts. It is a small hom...
My wife and I are considering house-hacking in style by buying one of those big, 1920's duplexes west of Hancock Park and renting the other half. We're looking at side-by-side or up/down duplexes that are 1500-2000 sq...
Rates have had a pretty dramatic improvement since yesterday’s fed announcement. As you have probably heard, they are projecting at least 3 cuts in 2024. Markets have responded well. Rates are down about .25% in the ...
Hello everyone in the BP community!
My name is Adam and I'm an out of country Buy and Hold Investor. I just bought my first property about 2 months ago and finished renovating it and now I'm waiting for it to rent ou...
My parents own a triplex here in Texas worth about 120k, it needs some capex and rent hikes. Conservatively, rent with little improvements and repairs will be 2200$ in this market and higher with upgrades. I am in th...
Hello Bigger Pockets,
My name is Robert Shearer. I am 27 years old and I currently reside in Fairfax County, VA. I have always had an interest in real estate. As soon as I graduated from West Virginia University, I ...
I just listed a 3br house for rent. Until now, I haven't thought about how to handle it if not all of the applicants meet my minimum credit score. Should I just deny them all? Or, should I accept with conditions if on...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $38,000
Cash invested: $15,000
First property, I live in the 2 bedroom 1.5 bath house, there is a detached g...