In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...

I'm struggling to know when I'm ready to make my next move and purchase more real estate. I currently own two properties. It has been almost one year (August 1st) since I purchased my first property. I then purchased ...

What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...

Hello, I recently (May) signed a 6 month lease with a couple who straight up told me they have no pets, as I have a no pet policy. They are to move in Sept 4th. They called me yesterday, Aug 1, to tell me they have an...

Hi there Bigger Pockets!You NEED to enter into forbearance. ASAP. NOW. You will read why below.Most users on this site use 30 year loans. Now imagine if I offered you $10,000 today or $10,000 in 30 years. Which would ...

Good Morning BP,As Tax Season approaches, and this being my first full year of real estate investing, I realize that the one task that I personally am absolutely am horrible at and hate doing is bookkeeping.  I have t...

So, I purchased my first "flip" in June for $62k, did 33k in renovations, and now renovations are done. My broker thinks comps would come in around 145-160k. I recently decided to rent it instead of selling it, as ren...

We're starting our flipping business this year in order to fund our buy and hold strategy. And I understand that income from rehabs/flips is taxed at the highest level. However, we intend to use all profits for the pu...

I have 3 units under my belt as of now and all are cash-flowing pretty well, but I am still stuck in my dead end 8-4 job and I need out! I have put up with it long enough to get me where I am now but it's mentally dra...