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Hey guys,Quick question as I just got an idea that I wanted to explore. With traditional financing, it seems that 20% down is the norm versus the 3% - 5% lenders may be willing to accept for owner occupied financing (...
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Hi all,I currently live in an apartment in downtown San Diego but looking to start my journey.I recently was laid off and have had it with working a 9-5. Luckily I have 4 months pay and a large lump sum of money to in...
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I am 28yrs old in LA working in marketing. Right now I have about $20k in a high yield online savings and money market, and not exactly sure which I should focus on more - paying off student loans, saving to buy a...
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I bought my first property (duplex) back in June of '18 via the "House Hacking" Method Purchase price was 90k with an ARV of ~130k. My initial Rehab/ repair budget was 15k.Goal was to get the work done and cash out re...
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Me and my girlfriend need to be in town for 2 more years before moving for her masters degree program. We have saved up a down payment living with parents, and are ready to move in. Should we just rent? My family said...
Hey!
I wanted to reach out and see if anyone had any experience getting a multifamily unit using an FHA loan.
Specifically,
1) How does the process work?
2) Do you find a property and pitch the “idea” to a bank?
...
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Im planning on buying a single family house in Fort Myers, Florida, and rent it to college kids. Rent out the rooms and I'll live in the garage (dream come true kinda).NOW, if I tell the tenants, "Sure have people ove...
I ask this question because there are real differences in what you are allowed to deduct, capitalize and report in these two situations.
Investors that are wholesaling and flipping are typically in the business of re...
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I was curious if anybody in the bigger pockets family owns any buy and hold properties in Montana? If so what areas of Montana are a good market for that type of an investment? What is the ROI like and is there more o...
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Hi all,I'm new at this landlord gig and I have a bit of a dilemma. A tenant asked if they could adopt a pet; when I replied with the information regarding deposit and pet rent, I never heard back until I followed up t...