Hi everyone, I've been a member of bigger pockets for years but have never posted on the forums before. I buy single family rentals and duplexes over the last 5 years. I want to get into apartment buildings and I've f...
I am new to rental appartment so wanted to get some advice, if I build a 7 unit appartment for $700,000, say mortgage of $4000 per month. I can get $7000 rental income per month total. Is this deal good ? Thanks
I own a property mortgage free. My question is - if I wanted to take a loan out against that property to pay debt I owe in a different country and buy an investment property in a different country:
1. would I be taxe...
We are looking at an applicant with massive loans (130k student loan and it's a low paying major). The "estimated monthly payment" listed on the credit report is however less than 1k. Is this estimate accurate? Or I'm...
I’m recently married and I’m living in military housing. My wife is in the Army so we do not have to pay for housing expenses. I do security work and make about 31k a year. With getting a new house we did have to buy ...
We recently listed a duplex for rent in Milwaukee, WI. We received three applications. After calling the references and verifying income, etc. we narrowed it down to one possibility that looked good. We informed this ...
3 or more reasons WhY Commercial properties are vastly superior to residential properties:
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential ...
Hi everyone! I'm a newbie and I'm analyzing a 10-unit property to buy and hold. Based on my analysis, the recommended Purchase price is coming up way lower than the asking price. Am I doing something wrong? Below are ...
I bought a 110k property in cash last March. It currently rents out to tenants.What’s the earliest I take out the equity and invest again?
How much is too much leverage? What's a smart approach to using debt in a positive way and not negative. I'm completely debt free and looking at purchasing my first rental property. Trying to figure out how much debt ...