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I recently paid off my home and i am interested in purchasing another home/duplex for the rental income. Banks are telling me that because i own a home i would have to pay 20-25% for the down payment because it would ...
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Hello bigger pockets community. After months of searching for a Duplex, I've finally found one. I plan on living in one unit and renting out the other eventually moving out and renting both units. Total income from bo...
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Hello, My name is William Smith and I'm new this website. I wanted to introduce myself and ask my first question here. I am not very familiar with California Real Estate market since I'm not from here but I live in Sa...
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Hello everyone I’m currently looking at properties to rent in Phoenix/Scottsdale area. Looking to use a DSCR loan and I’m curious of what rates are currently available?
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There's a little rambling here, but I want to get all my "facts" out and see if anything comes up about my logic and direction for the regulars here:
My plan was originally to acquire SFH for the appreciation only, m...
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Hey BiggerPockets, question!
Do you recommend purchasing a multi family property with an FHA loan. To keep it short, I’ll be living with my girlfriend - rent is $1000/month; $500 each.
The goal would be to house ha...
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I'm trying to reconcile my (50/50) partners historical tax treatment of our mixed-use residential property with mine, among other things.
She's always had a tax pro, I've always DIY.
A big mistake: I've always done...
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Hi Guys,I Purchased a 1925 4 unit in 2013 for $140k as a bank owned property and house hacked with it as my primary resisdence. I now live in a singe family home with my family as of 2017. The rents were $500 in each ...
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Hello BP! I created my account some time ago and have been in analysis paralysis for the better part of a year now. Well, I have finally crossed that invisible barrier and decided to take action by finding and purch...
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Hello Everyone! This is going to be a LONG one!I just turned 21 and I am preparing to make my first purchase no later than May of this coming year. I am very excited, but I want as much advice as possible as I am awar...