My mortgage broker has told me that I won’t qualify for any more mortgages because my debt servicing costs have exceeded 40% of my income. In reality my rental income covers almost all my costs, but the banks only cou...

Hey everyone, I have a property I'm considering purchasing and it currently has window units.  This is typical for the area, although some (not all) of the renovated homes out there have been converted to central air....

I am purchasing a home currently locked at 5.75% (30 year fixed). My mortgage broker is highly recommending I do not pay any points to get a better rate. I have another rate offer at 4.75% with points that would break...

Hey there BP friends!
I own a SFH in Simsbury, CT which locally is a very desirable town to
live in with great schools. Its a 4 br 2 ½ ba colonial on a quiet
street with a great yard. I’ve been hoping to get into...

Hi all! A bit of an interesting story that I thought I'd share!I recently acquired a note in 29 Palms, CA for ~90% UPB (About $50,000 mid 2021). This asset is a Lease Option contract that has been Non Performing since...

Hello I purchased townhome (4 Bed room, 1900 sq) as my primary home 4yrs ago in Eastbay. Now, due to the commute, I am moving to San Jose (this time, I am renting house in good school district) I have 2 out of state c...

I am closing on a 2 family with a great upside for creating a 3 family plus additional storage space for increased rent. The home has a large fenced-in yard with an above-ground pool that was installed in 2021 and inc...

Hi,
I was hoping to get some advice on what other people in my situation would do.
I have been under contract on a new construction home since April 2021, which was supposed to be my first rental property. It looks ...

Does anyone have any tips or tricks to increase rehab budget on BRRR's from the bank?  One of the most annoying things is blowing budget and then having to come up with extra capital at the end of a project. We all lo...

Hi, 
My husband and I have been longtime lurkers on BiggerPockets! We read a ton of the Bigger pocketbooks and listened to many podcast episodes before purchasing our current home in Los Angeles - and have been very ...