Good morning BP,
Long-time lurker, first-time (very enthusiastic!) poster.
I'm looking to make my first foray into RE investing, having spent a decent amount of time analyzing potential properties. While I have the...
I currently own one rental and my primary home. I want to make a multi-family move but with my current income/debt ratio I'm not getting enough monthly to make a purchase. I want to explore an FHA Loan for this. Shoul...
Hello all,First of all thanks for taking the time for reading this. My name is Chris and I'm 26 years old, currently living in the NW suburbs of Chicago, IL. I recently got engaged, so I'm at that point in my life whe...
I don't know how to post a poll in this forum, so please just feel free to post your response.
WHAT ARE THE TOP TWO REASONS THAT YOU ARE INVESTING IN A STR AT THIS TIME?
- Current income
- Hope of price appreciatio...
Good afternoon,Long time lurker and podcast listener. Grew up in Memphis, TN, graduated from University of Memphis, then joined the Marine Corps. I did 12 years, got out last year, and started a defense consulting fir...
Is it possible with around 200-400k cash and no current income to buy a commercial property with a downpayment such as a B&B or a motel with a mortgage that would make enough money to support me without an outside...
I am wondering, if I have a mortgage for the home I live in, will I get approved for a loan for a rental property with my current income? What about the debt to income? Do they consider average rental income?
The book Retire Early with Real Estate has many good points on developing your long range plan of investing. Whether your goal is to add cash flow to your current income or create a long range plan to retire early, t...
Hi all! I'm looking to purchase my first rental property (second mortgage); However, on confirming with our bank, they do not consider future rental income from the property on their assessment. We currently have our ...
I’ve been fortunate enough to work my way into a $170k/ year position with my current company but feel that something (freedom) is missing every day. I’m only 30 and realize “good things” don’t last forever and I keep...