Philip Johnson
Loan says I got 48 "Debt to income" ratio, what he talking about?
Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...
Gregory Schwartz
Out of state, sight unseen investing
BP,Kinda freaking out a little, just made my first offer on a property from 700 miles away in a town I've never been to, on a quadplex I have no intention of ever seeing in person. To clarify this would be my first in...
Santos Ricardo Tellez
Coronavirus Impact on Housing Market?
Hello BIggerPockets,
I started this discussion to get some thoughts and opinions on how the Coronavirus might affect the housing market. Mainstream media has been reporting about it nonstop for the last few days, sta...
Tyler Cruz
Absolute Newbie Looking to Jump Into Rental Properties
Hello everyone!
This is my first post here as I am brand new to both BiggerPockets and property investments.
I have some money lying around in my bank account that's doing absolutely nothing (was made f...
Ken Rishel
Lonnie Deals - Then and Now - The original method won't work
First of all, I believe Lonnie Scruggs, was a great man who, while he did charge for his knowledge, made a whole lot of people a whole lot of money. I would never try to take that away from him.
Second, throu...
O'brian R.
1st Purchase - Turnkey Analysis
I've been looking into turnkeys in Memphis and came across the following 4/2 SFH in the 38118 zip code. Though it was built in 1963, it's had extensive rehab work done in the amount of $22,500. The major work don...
Shiloh Lundahl
At what point in time does a college education not make sense?
There is an economic term called diminishing marginal rate of return. Meaning for every one more unit sold the benefit becomes less and less. With the rise in college tuition costs and the strong emergence of availabi...
Anthony Then
Real Estate Investors! Are the return worth it instead of stocks?
The title says it all assuming you can get back 7% on stock gains yearly, going by current trends this seems extremely conservative, companies today seem to be growing much faster than the historical data we usually r...
Brianne H.
How are people able to acquire properties so quickly?
One thing that continually boggles my mind, and I often hear on podcasts, is how are people able to scale so quickly and buy their 2nd, 3rd, 4th, 5th properties so quickly after the first (often within a year of buyin...
Lance Cummins
Debt Free Investing
Hi BP!
I am new to BP and I am loving it! I listen to all the podcasts and love reading these posts.
My wife and I are not fans of debt (good or bad). We worked very hard to graduate from college debt free. We are b...