Hi everyone! I’m a new investor looking to get started on my first property. I live in a very expensive market (NYC) so I’m evaluating long distance markets as a place to get my feet wet on a smaller deal. I’ve been r...
Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
I am working with a small group of investors and we are putting our funds together to purchase properties that we will sell with seller financing to generate cash flow. The plan is that my LLC will be managing the ass...
So here’s where I’m atI’m going in with a partner (he has the money, I have the hustle and the knowledge) and we’re trying to decide between two options:We’re prequalified for a loan on a minimum purchase price of $22...
I saw this link on the internet today - what are people's thoughts on this?
http://www.prweb.com/releases/2013/8/prweb11063422.htm
I'm also new to this forum, so not sure if this is the right section to...
A couple of months ago, I moved from Nevada to California. Today I received a notice of violation from the Nevada Real Estate Commission and a fine of $500. Seeing as how I withdrew from the Nevada Commission in Septe...
@Mindy Jensen and I were interviewing someone today for an episode of the BiggerPockets Money Show and the guy owns a condo in San Francisco (used to live there, now lives in Nashville, bought the place in SFO in 2009...
Hi all. My family and I are looking to invest about 3-4 million dollars in rental properties. We are deciding between a couple 3-5 units in the city or several (cheaper) SFR in the suburbs and outskirts. I imagine the...
I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...