Brock Peel
First Investment - Where to go now?
Investment Info:
Single-family residence buy & hold investment in Angus.
Purchase price: $349,000
Cash invested: $21,000
Single family townhouse, 1600sqft.
Currently renting out for $1650 a month...
Ken A.
UPDATE - Single Family homes will continue to go up to 2024
(Updated since 2012)Everyone will be shocked at the much higher prices by 2022-2024. Gains will be higher in the better areas. What can actually drag the “gains” are the stagnant areas that will never go up. Don’t inv...
Colin Clive
Income verification for mortgage qualification.
A professional gambler friend of mine wants to buy a house. Since he is self-employed, the only records of his income are his annual IRS forms.
He's planning to present forms with enlarged figures for his annual inco...
Matthew Rodriguez
Picking A Location
Hello everyone,I am relatively new to the Bigger Pockets forum and am excited to have found such a valuable resource. Over the past several years I have found that I have a growing interest in real estate. Although cu...
Paul Jozwiak
Loan options for non livable condition
I'm looking to purchase a multi-unit investment property. Back story is female purchased with expectations that her bf would renovate it and they'd live in one unit and rent out the other. Well they made it through ...
Anit Patel
interest rate vs amount down
Hi all,
Just wanted to get your thoughts on this. When you guys finance your properties, what is more important to you: the interest rate or the amount down required by the lender. I know there are a lot more thin...
Charles J Reid
FHA loans in New Jersey
Looking to use fha loan for my first property investment, ideally a wedge duplex or up to four whatever numbers will make it work. It seems like MIP is going to eat all my cash flow. Is it possible to be in the green ...
Shaun Inniss
Deal Analysis for a Duplex
Currently under contract for my first deal, a two story Duplex in the Houston Market and currently doing my due diligence before finalizing the deal. Asking price of this Duplex is $475k. Financing the property throug...
Brandon Fromme
Can loans include renovation costs?
I am trying to decide between getting a cheaper foreclosure and rehabbing it vs. spending more money on the house and having to do less repairs. I don’t have a ton of cash (maybe $10,000-$15,000) for renovations. I ...
Thomas Knight
Net York
Good Evening,So things have currently changed for myself and I am now looking into getting some property in New York area some where. I will most likely be going to school there ( currently in the world) but again I w...