I recently learned you are able to use potential income generated in a multifamily home to qualify for an FHA loan,I live in an expensive market so this beneficial for me but I don't know exactly how this works. I'd a...
Hello. I was wondering if anyone here uses capital gains from stocks to invest in buying rental properties? Here is the process I am thinking:Invest in stocks —> use the capital gains to buy the property —> Reha...
Team, I'm finishing the renovation of an entire 6plex in NE Minneapolis. Toying with the idea of leaving 2 of the units for AirBnB or short term, fully furnished. Wanted to get your thoughts on this, lots of chatter r...
BiggerPockets members be on your guard against those who would try to rip you off and scam you out of money or otherwise!!Now that BP is almost 1 Million strong, there are "Con~Artists" who would prey on the unaware t...
I've been giving some thought to utilizing part-time employees to answer calls and run comps to assist in handling my direct mail campaigns.As far as structure, my thought was to market the position as an internship. ...
Hi Everyone,I currently live in San Jose, CA and I am looking to purchase my first investment property in Tampa, FL. I have a potential property that I am currently interested in and I am looking to get pre-approved f...
Hi everyone,I am on the hunt for my second house hack. I've been doing some research on different rental strategies. It seems in order of increasing profitability:LTR < MTR < STRGiven that I'm based in the Denve...
I have a family member who owns two houses, free and clear - no mortgages and no HELOCs.
The cheaper house, "House A", is about three times the value of "House B". Both houses serve as on and off again rentals.
B...
I have been searching for a vacation rental property on the gulf coast of Florida for about 5 years. I finally found something that I now have an accepted offer on. I will be retiring in about 4 years. This is my firs...
Hi guys,I'd like to speak with an attorney who's familiar working with overseas investors regarding the setting up of an entity etc.Any recommendations would be very welcome, especially form the overseas investor comm...