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Hi All - looking for assistance from lenders on how my back-end DTI ratio will be calculated when looking for financing.My situation is I'm living in the Bay Area of California and renting due to crazy high prices tha...
Trying to get some feedback from recent purchasers of multifamily in Sacramento area. What can you expect as far as cash on cash return is concerned for 8-10 units MF property. I am seeing listings with 6-7% pro-form...
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I'm pretty new to real estate, I've recently read How to Invest in Real Estate by Joshua Dorkin and Brendan Turner and am currently reading The House Hacking Strategy by Craig Curelop. I think both of these books have...
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Hello Bigger Pockets Community,
I am currently facing an issue with a property that I’ve recently put under contract and I’m in need of your expert advice.
Upon conducting a snake sewer line inspection, we discovere...
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Hello, if I plan to sell 10+ houses this year on a land contract, does Dodd Frank apply to me? Does the land contract sale also require an RMLO to "originate" the financing? No lien will be secured against the house b...
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I've reached out to a few wholesalers and they're telling me that even though I have a very responsive lender lined up who has all of my information, has run my credit and background checks, and has already pre-approv...
I have lots of inquiries for my SFH in the first day of listing (~20), can i have the renters "bid" on the rent they'd pay for the property? (Assuming yet all meet income/credit requirements) I just want to be fair/le...
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Hey Guys,What's the best bank to open up a business account with in Florida? I need to create an account for my LLC so that the funds are separated from my personal.Thanks,
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I am 42 years old and married with two children. I make approximately 120k a year. I live in southern California. I have no credit card debt. However, I have approx. 17k on one car loan and approx. 40k for student loa...
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http://www.cnn.com/video/?hpt=hp_c2#/video/us/2012/10/16/dnt-teen-buys-second-home.wbbh
Her goal is to own 10 properties by the time she's 18. Very admirable.