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David Greene was talking about a type of mortgage on a recent episode of the bigger pockets podcast that is based on the estimated income from a property instead of the typical debt to income ratio. Having a hard tim...
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Hey guys. I'm so new that I haven't even made my first purchase yet. Quick Sandwich Lease Option question. Person A is the Homeowner. Person B is the investor. Person C is the tenant/rent to own person. B buys home fr...
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I’m under contract to buy a fourplex at what I think is a good deal. I’m thinking of a couple options as far as how to buy it. Option 1 is selling another rental property I own that cashflows a few hundred dollars les...
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Hello BP Family,I am submitting an offer on a property this week. This is a duplex unit. I have recently been inform from my lender that Fannie Mae requires a 25% minimum down payment. I originally was planning on 15%...
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hey good morning i am in a little dilemma. i’m looking to buy my first house, but I recently started a 1099 job and I was looking to get a loan from the bank but I require two years of tax income for the 1099 in order...
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Hey all,My partners and I are working through our first offer currently and two options we have through a conventional mortage are 15% or 20% down.I realize that the decision will most likely be a subjective one, but ...
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What are your experiences
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OK, I AM NOT ASHAMED TO SAY THAT IM NEW TO REAL ESTATE INVESTING. I HAVE DONT NUMEROUS REMODELING JOBS FOR INVESTORS BUT NEVER INVESTED IN PROPERTY MYSELF. I WAS SEARCHING FOR A HOME WHEN I CAME ACROSS A NICE DEAL. I ...
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I'll be shopping around for my first Rental once the weather gets warmer. I'm wondering where others have found the best deal starting out? Do I go to my bank as my 1st option for non-owner occupied home? Do I have to...
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Looking for advice on security deposits and pet deposits in the Central Illinois area. How much should I get for security deposit? Should I get a nonrefundable pet deposit ? and/or addtional $ per month? I don't have ...