As a newbie investor, I have a few main priorities; lower my DTI, gain as much knowledge as I can and aquire my first investment property that cash flows well.Currently, my debt is roughly $130K. $70K of it is my wif...
Hi Guys,I am looking to do my first house hack but have a few questions.1. Why do lenders allow 3.5-5% down when the property is owner occupied? Is this lender specific? 2. How long is the “owner occupied clock”, mea...
It's been ~6 months since the mayor did the initial sweep. Still early but changes seem positive. Anyone looking into that area now or been in the area seeing a difference?
I'm a first time home buyer and recently was attempting to purchase a home through a short sale (it fell through due to structural damage). I've kind of switched gears and decided I'd like to purchase a shell/fixer up...
I know it is safer to incorporate then to own property in your name, but how do you do it? Do you start an LLC for all your property, or do you start one for each piece of property? Will this cause problems with get...
Hi Everyone,My name is Hunter and I am relatively new to the BP Community. I have been reading the UBG and forums, and listening to the podcasts while gearing up for my first purchase. I am interested in investing in ...
I have never bought land before and I’m looking to purchase a piece of undeveloped land. I don’t know how financing land differs from financing a house and would appreciate some insight. Also, what are some pitfalls I...
Hello everyone!I’m looking for some insight into my current situation. I purchased a primary residence in early 2019 slightly under market value due to it being outdated. Currently, I have updated the home with new LV...
I’m currently working the numbers on my very first deal using the BRRRR method. When it comes to the refinancing, I know I have heard in a Bigger Pockets pod cast at some point them mentioning using either local or la...
I'm obviously embarrassed to ask this, but please don't rip me to shreds. I'm a new agent who just switched brokerages and no one from within my brokerage is answering me but I'm on a time deadline. I'm stressed about...