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My wife and I are in our mid-50s and earn a combined gross income of $193,000. We are planning a move to a southern state within the year. We currently own two homes with mortgages – a rental property and our personal...
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BP Community,
Since the government's stimulus package for 401k investors has come out I've been thinking about taking money out of my savings and either paying off my high-interest mortgage or simply buying another ...
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Hi all,We currently own 6 SF rental homes in the Chicagoland area. All 6 are currently rented out and we have owned them for a minimum of 18 months to 5 1/2 years. Unfortunately, we've had some bumps in the road th...
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Hi everyone! Just looking for clarification on this concept.
If I were to use the First time homebuyer program to help with purchasing purposes and then get a hard money lender for renovations to attempt BRRRR strat...
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Hello bigger pockets community,
Wanting 2022 to be the year I get my first investment property and my target area is outside of Austin. I connected with a realtor in the area who referred me to a lender. After weeks ...
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Has anyone used a FHA and 203K combined? Pros and Cons?
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Is it possible to combine 2 LLCs? Lets say I have 100 identical single family homes in one neighborhood owned in two LLCs. 20 are 100% owned by one owner. The other 80 are 50/50 between the original owner and ano...
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Good evening my fellow investors,How are you doing today? We hope you are well. I need your advice. So please help me. I live in the Inland Empire, CA. I have two homes. One is a rental, and the other is used as...
Hello forum,So I think this is my last shot before relegating myself to renting for another two years. So I had an FHA loan foreclosed on 11 months ago after a long drawn out process. The question I have is since I ca...
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Hello fellow BPers,I find myself in a unique situation that I am hoping someone with more experience will be able to help clarify for me. The short explanation of the situation is that an 8-unit, 2 building property (...