Timothy Paul R.
FHA LOAN FOR MUTLI FAMILY
Why did the Mortgage Broker tell me I can’t get an FHA Loan for a duplex even if I live in it? He said if I rent out the other side the bank considers it an investment property. But this contradicts all the research ...
Jowan Chism
Repair Request question
Hello,
Currently we are in escrow and have run into a situation in which the seller gave us a verbal agreement to fixing a repair but has not followed through. We are down to the last two weeks of escrow and they w...
Dan Ermolovich
Looking to connect with an LLC subject matter expert
Hi, I’m looking to connect with a subject matter expert on LLCs. We have four investment properties totaling seven units in various states. Before I start the LLC process, I’m hoping to touch base with someone that ca...
Eric Fung
Hyper inflation buy or not to buy?
Hi all,I’m in the process of buying a duplex but my wife (boss) advising against it because of hyperinflation. I’ve been trying to research and read up on hyperinflation with real estate. A lot of it isn’t good news. ...
Nick B.
Finding the right property for the right tenant
Hello All!
I am still looking for my first rental and one thing keeps bothering me.
I'd like to rent to A-class tenants who would pay a premium for a better property (granite counter tops, hardwood flo...
Willin Smarda
Help PLEASE with calculating DTI for Rental income against PITI
Hi all,
I understand from the many post that only 75% of the rental income is considered as income -PITI= $$$ <- if positive, additional income, if negative, additional debt.
I came across a recent post that is ...
Terry Royce
Assignee Buyer backs out - deposit
I had a property assigned to an buyer. The property was condemned, but the city would allow it to be rehabed.
The buyer decided that their costs were going to be higher than expected.
The contract states that the dep...
Michael Dobruskin
Understanding Crime Data
Hey BiggerPockets forum!I am an aspiring investor in the Philadelphia market. I am currently doing market research, particularly looking at crime data for different zipcodes. I am a bit stumped by how contradicting so...
Debbie Dobbins
Finding the Right Deal
I have used the BP calculator for several potential properties after listening to Brandon's webinars. After running numbers, it seems he's very unrealistic about his numbers. He states you shouldn't purchase a prope...
Stephen Torti
Student Loan Default Rates
Hey BP! Does anyone have a good resource to monitor student loan default rates in real time? Something that's updated like a Yahoo Finance stock graph?I'm waiting for the burst and want to monitor, if there is anyth...