Rita Temple
FHA Loan and flipping first house
So please correct me if I'm wrong. But, I have to reside in the house for a year if it is a FHA loan? What if I was to find a house and use the FHA plus 203k loan, then once I'm ready to sell convert to a convention...
Andrew P.
Trouble getting a HELOC becasue of DTI (lenders using tax forms)
As the title says, I am struggling to get a HELOC right now. I have 3 properties, all cash flowing really well (yes, I am including vacancy, repairs, and funding a CAPEX account). However, as a result, of my tax forms...
Matthew Kelly
240k quad- my dream deal to get started...
Hi everyone! Not sure if this is the right place to post this, but here I go. So I found this amazing quad, it is about 240 K and the rents are right now total 1900, but I know I can raise them to 2100. I want to hous...
Gian Piero Bandieramonte
Investing in Tennessee as a foreigner
Hi,It has been hard to find info regarding my situation, perhaps because it is a bit unique, and could use some help. My situation is as follows:I am a foreign investor interested on purchasing a rental property in Co...
Zachary Miller
Liability/Insurance Question
Hey BP. I am looking at a duplex for my first home (to start by house hacking). Is there a primer anywhere on how to properly limit my liability or how to make sure that I have adequate insurance as a landlord? From w...
Darrell D.
One home listed, one giant leap forward.
First let me tell you that I have 5 properties in three states so I'm getting better at what I do. So what do I do, you ask. First, I joined the air force in 1994 and bought my first home in 2002. After losing much...
Account Closed
Navy Sailor seeking advice on starting to invest w/ a VA loan
Hello Bigger Pockets Community,
My name is Josiah Reutter. I have been in the Navy for one year and I am looking to start investing in real estate with the hope of being able to get out of the military with at leas...
Alex Terraciano
Starting An LLC for a Property
Hey Everyone! I'm in the process of closing on my first investment property in California and I'm going to put it under an LLC. Does anyone recommend opening the LLC in another state with potential tax benefits, or do...
Daniel Fang
New to real estate. Looking at 6unit property as first buy.
Hi! I have been listening to the BP podcast for months. First time forums post. I have been (very) actively looking for a good deal on a 2/3/4plex home to househack. I'm watching an auction on a (fully leased) 6unit p...
Isaac Hemingway
How quickly can you build your credit score?
I'm 18 years old, just got my Bachelor's Degree in Business (I graduated from High School at 15), have no credit score, 20K saved up, a full-time job, and am looking to buy a home for 200K or less (I live in an area c...