James Bradley
Selling my first home, post-divorce
Hi all!I am under contract on the sale of my first home, I have owned the house for 10 years in Oakland County, MI. I HAVE lived in the home for 2 of the last 5 years and the reason for sale is my recent divorce. Here...
Katelyn Atcavage Robideaux
Transferring active STR to new owner
Hi BP fam,I am working on a few deals that are currently active air bnb + VRBO’s. I understand that the listings cannot be transferred to the new owner and that an entirely new listing must be created. In the past, we...
Rosie Small
2nd position lenders
Bigger pockets community, I have a few rentals that I’m 50 or 60% ltv , and I would like o get a loan against them, just to be 75% ltv , do you know any lender who will lend on 2nd position?Im in the middle of a Brrr...
Dakota Cochran
To refi or not to refi
So I’ve decided I’m gonna purchase another home and make my first home a rental. I have a family friend that’s a mortgage guy and I cant tell if he is in my best interest or just sees $$$. I was thinking cash flow is ...
Connor Dunham
Negative $150 per door cashflow to positive $200 per door. Too optimistic?
I purchased my first property back in January. I waited to post until I had a good record of the utilities and expenses. The property is a 3000 sf side-by-side duplex built in 1985 near the university and hospital her...
Charles Hathcock
DTI is too high with 2 mortgages in my name
Hello, We have 2 homes so far, one is rented out and we live in the other. Both are FHA as the bank said it was legal since we lived in the first home for more than a year. My problem is that my credit score has tan...
David Kimball
Sell the house or keep it as a rental?
Sell the house or keep it as a rental?
Curious to get the group's thoughts.
We are moving and have already got another house. We were going to sell our current primary residence, but are having a hard time doing it...
Walker Seid
stock market in free fall
Just curious what everyone thinks about the global stock markets falling and it's potential effects on the real estate market.
Jordan Sizelove
Purchased a car in July 2014 (Voluntary Surrender?)
Hey everyone! I plan on investing in real estate as soon as possible, but have a dilemma, one that most people face. I have no money saved and live paycheck to paycheck. Purchased a car in July of this year and the pa...
Wes Evans
Hard Money VS HELOC VS Both for BRRRR
Please help me think through what I might be missing and any suggestions of other creative ideas.Purchasing a BRRRR property in price range of $50K-100K with $20-50K of rehab needed. (70K-150K ALL IN)Currently have:- ...