Great question! QM stands for a qualified mortgage. Qualified mortgages tend to be traditional government-backed loans and conventional loans (basically non-government backed traditional loans).
QM Loans are usually...
I’m almost done with the remodel of my condo I acquired a month ago. It’s a 3/2 1301 sq foot condo. I’m stuck between deciding to rent it out to a long term tenant or Airbnb. With Disney being sold out almost every da...
Hey BP community its been quite awhile since I have been active on here but i'm more than happy to say that i'm back and more motivated than ever! I just bought David Greenes new book on BRRRR and finally determined t...
What is everyone's thought on this topic that could see the light of day??? Mainly the Proposal #2 Cancel Rent & Mortgage Payments Through The Coronavirus Emergency. You can read up on the Bill at the bottom with ...
Hi,
Currently I am having issues with a tenant that hasn’t paid rent since Aug 1st 2020. This person has not been affected by covid and admits (not in writing) that he knows the tenant board is backed up in Ontario a...
Good Morning Bigger Pockets Family!My name is Marquis, I’m 27 I currently work as a investment sales broker but I’m am more than excited to embark on my journey in becoming a real estate investor. My why is to create ...
As nation's population growth slows, Colorado and the West buck the trend
Population growth in the U.S. has slowed to its lowest level in at least 120 years, but Colorado and the West have continued to draw mig...
Hello All.
I am interested in hearing from some long term investors around how they survived the last real estate decline and strategies used. What were the surprises and if you were to do it over again, would you h...
I found a small 12 unit motel with 5 RV hook ups that needs quite a bit of work. It’s about a 30 minute drive from me. It’s in a small west Texas farming town about 30-45 minutes away from any real “big city” The mote...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $5,850,000
This is a 2 property, 44 unit portfolio in Lakeland FL
What made you interested in inv...