Tyler Kaufman
How much house/Creative purchasing?
Hey all, I wanted to start off by thanking the community and the wealth of resources here. To summarize, there are several factors that have me (as a first time buyer looking at Multifamily FHA for house-hacking) to w...
Chris Wilson
DTI question on a cash out
We are looking at pulling funds out from a 2nd house we own. When doing the DTI calculation would a lender include money that is received regularly from things like a Real Estate syndication, Mortgage note fund and/or...
Jim Robinson
Yellow letter to Withdrawn listing
Hi Everyone,So I'm looking into buying my first house in the coming months in the suburban Philadelphia area. A property I have been watching (waiting for the list price to drop) was just withdrawn from the MLS. So i ...
Syrica Brown
Notice of Violation OTC Property - $3200
I purchased a OTC property in 2018. I received a letter in the mail from the City of Mobile informing me there is a code violation assessed to the property. The violation: building is unsafe for use or occupancy an...
Cruz G.
Lease to Own question.
I am considering going into a Lease to Own situation, but am structuring the plan to make it "just right". One issue I have is the potential seller takes my check before the 1st (sometimes dead on the 1st, but NEVER l...
Thom H.
401k vs Rental Property...should he cash in the 401k???
A friend at my "day job" asked me a question this week regarding cashing in his 401k to fund purchasing more rental properties, when he learned that I was in the rental property business. He's a mid-forties corporate...
Anthony Arnt
rental property deal. yes or no?
Hi, Newbie here. A deal has come up from a brokerage firm. Home is Cash $110000, their estimated CMA is $155000. Has a month to month tenant paying $1075 in rent. They say needs cosmetics only. Good area, nice subdivi...
Craig Curelop
Using Roth IRA for down payment
Thanks to everyone at BiggerPockets, I got my first deal under contract! I've had my Roth IRA for 5 years, but recently rolled it over from Merrill Edge to Betterment. Does anyone know if I can still use this as part ...
Rob Beland
Need help tonight BP. I'm writing an offer for a sandwich lease (I think)
Hey BPers...I need some help tonight. I'm looking at purchasing a SFR from a friend and we discussed two options. The asking price is $85K. Rent is $850/month and the tenant has been there for about three years. Good ...
Carlos Villanueva
collecting the green
Alright BP world, I need some helpful advice on my 1st rental. The rental has been renovated and the right tenant has been found for this single family home. I will be meeting with the tenant on friday to sign the lea...