Hi all! I recently sold my SFR that I was renting out - it was my first home I decided to keep to "get into the biz" but the numbers just weren't working. I was able to get some proceeds from that sale and I'm ready f...
The idea of an FHA 203k sounds like the best tool to use for a new investor. I’ve heard about it for years and with the market it’s a hard sale especially since most agents don’t fully understand the process. I’ve don...
My lender sent me the itemized monthly mortgage payments I'll be making. Along with the principle and interest are two items I had questions about:1) Hazard Insurance - does this go away once I'm covered by my own lan...
Hello Fellow BP members. I am looking for some input on process from more experienced investors. Here is the background: I am looking to purchase a duplex out of state; directly from the owner. This is going to be ...
Hello All,I have been reading many posts, books, blogs, watching many videos, and podcasts for the last year as I build my knowledge on Subject-To investing. I have my lawyer writting my subject-to purchase contract a...
Hi all,
Before you say the SFH is a better option (because it definitely is from an investment standpoint): I'm debating my options because I want to have a primary residence without housemates before I get an inve...
I am a small real estate investor who does it for a living. I don't have a lot of houses and remodel one by one, selling them for a fair price and trying to always give a good product.
I am another victim of the tre...
I bought my first home with an FHA loan. It was a modest 157k house, but I only make about 43k a year, plus I have about 26k in student loans and a 14k car loan, so my DTI is pretty tapped (I'm undoing and re-educated...
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
Hello fellow bigger pockets users,I am a new bigger pockets podcast listener and forum member and this is my first post! I recently discovered the bigger pockets podcast and it has blown my mind and changed how I thi...