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How to get approved with a REALLY low income?
BACKGROUND:Hello! I'm a junior in college with a really low, all Stafford subsidized student loan burden ($6,000 which I will pay in a lump sum at the very end of my grace period). I found out about personal finance i...
Dina Harleth
Pay 0% capital gains on sale of house?
Hi everyone,
I am trying to figure out my best option for a house that was gifted to me while my parent was still alive. It was mentioned to me in a previous thread that I could pay 0% capital gains if my i...
Samuel S.
Suburban Detroit LLC Setup
Hi,First I just want to say how grateful I am for everyone's input on here. BiggerPockets has been such a pivotal tool for me in learning so many aspects of REI in such a short time.I am new to REI and looking to sta...
Mary Lloyd
Second home or primary residence
My parents have not owned a house before and I currently have a mortgage on a house with my boyfriend. My parents and I are planning on buying a house together using a conventional loan.For mortgage and tax standpoint...
Maurice Ilao
New Member from Long Island, New York
Hey everyone, My name is Maurice. I'm brand new to real estate and have never purchased any type of property before. I recently became interested in buying a home because I am currently living with my parents in a mul...
Kyle B
Finding Sources Of Motivated Sellers
I can find sources of motivated home sellers such as pre-foreclosures, judgements, divorces, marriages, estates, expired listings, FSBOs, evictions, absentee owners, etc.
There's 2 types of motivated sellers that I'...
Brianna H.
Evaluating Applications
Howdy!My husband and I just bought our first investment property! We received our first applications for the rental, two friends in their mid-twenties. They are both living at home with their parents currently. Do I ...
Gordie Ballhorn
Mortgage pre - approval
Just talked to the bank and they said I’ll need a co-sign for my mortgage as I’m a student and don’t have a steady income. Have the money for a down payment and 3 renters lined up already for the place. First time buy...
Sean Mason
Bought a house 3 month ago, need to rent
Hi everyone,
My wife and I bought a single family home 2 month ago using a conventional loan (Fannie Mae) and have since lived in our new home (first home and first mortgage). However, we are going to be moving in w...
Ryan H.
Landlord death - what happens with the lease?
Hi everyone,Situation:My aunt managed a property ( house rental) that she owned with both my parents in San Jose. My aunt recently passed away. Now since the lease was in my aunt's name, the tenants are claiming that ...