I'm writing this in December 2024, when every other question asked on the Bigger Pockets tax forum is about STRs. If you're not sure what the fuss is all about, read this older post first:https://www.biggerpockets.com...
Hello,I am looking to buy an investment property in the Southern California, Antelope Valley area on a conventional loan for a house that would range between 60-100k and putting up to 30-35% down on the house. But, I ...
Have you found that racking up posts is helping your business? What networking benefits if any or deals have you found by being out there more?
Hi guys. I need some help understanding how does the debt to income thing works.. in regards to getting a approve for a loan. If anybody can break this down for me it will be greatly appreciated..
Ok, scenario - I own a house with a conventional fixed-rate mortgage at 3.5% rate. For simplicity, lets just say I owe 200k on a house. Now, I want to sell the house to my cousin for 200k using a wraparound mortgage...
Hi MTR investors and property managers,
What are best practices and innovative solutions for the 2 subjects below:
Utilities
1. During periods of tenancy who should have the utilities in their name, landlord or ten...
How do you count how many doors one owns? I get that if you own a sfr, that’s one door. But if you own, say 10% of a 100 unit apartment would say you own 10 doors or 100? But depending on your answer, if you have debt...
Would I qualify for an FHA loan if I rent out the other rooms in the house? Would those rooms count as individual units?
I'm looking into owner occupied duplex purchase. Right now, list prices are between 350 - 400,000. Rents are about 1350 - 1500 for 2 bed 1 bath units. I'm currently looking at a 350,000, would put 20% down. With both ...
I have considered buying a 2-4 unit apartment to house hack but haven't found one I like yet. My lender told me to consider homes with in-law suites that I could rent out because they hold value better, resale better ...