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I own a single family home which is a long term rental. The home is mine outright, as it was inherited. Unfortunately, I live out of state making managing the property a bit more difficult. This is my only rental prop...
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Is anyone having to show prof of funds for every offer u submit? How is your agent making you propose a bid? Are agent wants us to show prof of funds for every bid . It's this common ?
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So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...
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Earnings too high to claim passive losses?
so what happens if you have lots of passive losses on real estate - but your active income is over 150k? is there a way to still claim those loses if you are a full time emp...
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We all know change is a MUST for any type of success. Change is usually painful, but as the old refrain goes NO PAIN ! NO GAIN. What is something you have had to change to get from Point A to Point B. What do you t...
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Hi BP community! I'm looking for some guidance on house hacking. Background:I'm in the DFW area and preapproved for 300k at 7.25%. The houses in my area that could work (3bd 2ba) are at the bottom of the market around...
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Hey Bigger Pockets Community!
I am working towards settlement on my first home purchase! Settlement is set for early November. My plan with the purchase (a 4 bed single family in Philadelphia) is to rent out 3 of the...
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Here is my situation and if anyone can help that would be awesome. we bought our primary residence in Huntington Beach then got a HELOC on that property to buy a short term rental in yucca valley near Joshua tree nati...
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I'm having difficulty with a purchase and determing if it makes sense. The thing that worries me is what covid has done to our tourism the past two years. Below I'd the breakdown, but I'm still waiting on the financia...
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Hello all,
This is my first post on biggerpockets, nice to (e)meet you all! I'm excited to have finally found an online forum with such a vast collective knowledge. The purpose of this post is to gather as many...