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I was turned onto small multi family in Southeast ABQ New Mexico. I am hearing it called the war zone. I do not live there but have heard stories about needles in streets, prostitutes, and other things that happen in ...
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Hi, can anyone recommend a good property management company for managing multi-families. I have been disappointed with my management company for some time now. It is incredibly hard to find a property manager that ...
Hi Guys,I am screening tenants now for one of my rental units, and as a fairly new landlord, I have a few questions.1) SPOUSE NOT ON LEASE: Someone called me recently and said they are interested in the unit, but he w...
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Is there anyone out there who has used credit cards to fund the purchase of a rental property? I am planning to use my cards as a tool to aquire property and then get a cash out refi as soon as possible to pay off tho...
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I'm purchasing my first 4-unit and I have preapproval for 4.75% for 30 years on $262,500 (after my 25% down payment). My credit score is 740.
The mortgage broker said the interest rate is higher than I'd expect becau...
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I found a house the other day for 49k, a house up the street is selling for 86k and another for 76k. I called on a few houses in that neighborhood and rent is around 700-750. I would need $9800 as my 20% down, have yo...
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Hello BP Community,
Pleasure to introduce myself. My name is Giovanni Magana and I currently live in Los Angeles, CA. I have been an avid listener of Bigger Pockets podcast since 2020 and am very hopeful I can finall...
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Hello BP community,Is it possible to obtain conventional financing from banks without a credit score? I heard of manual underwriting, but from my research, you have to jump through hoops and most banks don't offer it...
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Hi BP forum!I am incredibly new to real estate investing, still in the "read all the books and listen to all the podcasts" phase. I've been hearing a lot about using a HELOC to invest in deals. We have a good amount o...
Hello,
I am buying my first out of state investment property in PA.
3/1.5 SFH.
Purchase Price is 110k , needs a new roof, some TLC. Planning for 20 % down.
Similar fixed up properties there are going for 150-1...