Chinmay J.
Mortgage Rates for REFI..
Very simple question this time around.. What are current REFI rates for someone like me who has over 800+ score.. The ratios fit just fine. The property is owner occupied. I am being quoted 4.3%. When I asked the len...
Dakota Verrico
Self Employed Mortgage Qualification Difficulties
Hello BiggerPockets community,
I have been struggling through the process of getting qualified for the past 4 months. It has been a long, hard, and incredibly brutal process. A little back story first, about a year a...
AJ Wong
Advice for successfully investing out of state
I'm a real estate broker that mostly provides services to absentee clients, (so I might be biased) but I'm also experienced when investing and developing real estate out of state. In fact, I'd argue as a result of me ...
Mike Roberts
Denying a tenant while the property is still available?
I am currently closing on a SFH that will be a rental in NC. The area is kind of rural, and I don't expect to see a huge number of applicants. Say somebody applies, they have good credit, no criminal history, job, etc...
Melissa Thomas
First Property Complete! Now What?? BRRR or Build some reserves?
I am a full-time marketing manager and I JUST wrapped up my first STR remodel after 6 LONG months. I went over budget of course but my husband and sunk in a good 60K on property renovations and took on extra debt to r...
Jamison Colston
Raising credit scores for young potential investors?
For those here. I have a friend with a credit score of about 580 or so. Can't remember the exact number but she is wondering about ways she can raise it up quickly. I've never had a credit score below high 600's or so...
Joe Pitrolo
How to Scale with BRRR and buy more properties
I have been finding SFH at auction in WV for 25 to 50k with approximately 25 to 50k or more equity that also rent for $800 or more. These easily meet and exceed the 1 % rule. I have been able to refinance, rent a...
Franco Li
Stop comparing the current housing market to 2008!
Real estate prices in certain areas are outrageous, and I'm hearing a lot of bears out there pining for a housing market crash before getting in. For all you bears, consider this: the real estate market in 2008 is les...
Don Pham
FHA Multifamily Rental Qualification
Hello all,I had a question about FHA loans on multifamily properties, specifically about how projected rents factor into the debt ratio qualifications. Specifically,Does the expected rental income offset the PITI for ...
Thomas Levy
Looking for a Contractor in the Philadelphia Area
I am a first time home buyer looking to do a 203k rehab and live in the Philadelphia area. I was wondering first, if anyone had any advice for me or any tips that could help the process go smoother. And secondly, I wa...