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Getting ready to start on my investing journey. Curious in the experience you folks have - do lenders consider future rental income in the DTI Ratio calculation? I am assuming they don’t (typical), but it seems like i...
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One day I hope to own or be a co-owner of a real estate investment firm. I have noticed that some investment firms do not have salaried employees, their investment Analysts/Underwriters are 1099. Other firms have all ...
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Good Morning wonderful people of bigger-pockets,Like the title says, I am currently house-hacking a 2 family property in Ct, I live in the second unit and rent out the first (2 Bd/1 bath). I enjoy living here as I fin...
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By my calculations we've assisted nearly two dozen out of state or area investors acquire, furnish and launch vacation rentals on the Oregon Coast the past two years. The typical investor profile is GenX or millennial...
How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
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About 6 months ago we purchased a duplex using a DSCR loan. The original intention was to do a light cosmetic rehab and rent it out. We put 20% down at 8.25% on a property with a $136k purchase price. Loan is just ove...
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Would love to get seasoned investors' advice on how they would solve this investment/tax challenge: I am about to transfer 300k from a retirement vehicle so that I can use the money to retire early. It is money I can ...
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Hi everyone,Some business partners of mine are looking into BRRRRing in the Baltimore market and are looking to find a GC, agent, property manager and an attorney that could help us affordably close on properties. Ou...
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I am trying to way the pro's and con's of renting vs. owning. I rent currently and do not think it as bad as some people think. I'm looking for feedback and factors that I may be overlooking. On the investing side ...
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I own rental properties in Mesa AZ, Las Vegas NV and Memphis TN -- all purchased with the traditional loan (typically 20% down) and they are are moving along nicely in terms of their overall returns. The properties in...