Hi All, I am new to the BP community and excited to meet you all! I am eager to build connections with like-minded people experienced investing in real estate, specifically in the Central Florida area where I live tod...
Very bad news! Freddie Mac just sent out a bulletin announcing a rule change for Home Possible 5% down to now have a $67,000 income cap (chicago). Meaning if your income comes over this you can no longer do the loan. ...
After conversations with an appraiser, my city building inspector, and my lender, I have discovered that all 3 have different definitions of what is a bedroom.My question: If I list the property for sale, can I use my...
All,
I'd appreciate any input you all might feel like tossing in. I am looking at a 6-unit building and have been trying to figure out my own analysis and want to see what any of you think...
Size= 6 units ($500/mo...
I have been reading/eating/listening to real estate investing for YEARS now. I am glad to finally pull the trigger with a partner of mine (first time for him as well) and pick up our first investment property! also ...
hi! I've been stalking for about 2 weeks now and didn't realize I haven't introduced myself.I'm on my first deal, which I wish I knew about biggerpockets before I got it but I did it based on what I knew and have lear...
Hello everyone! My name is Arthur. I live and grew up in Georgia, specifically in the Greater Atlanta area. My wife and I purchased our first home, a modest studio, four years ago. We already had the plan in mind to...
I live and invest in Denver, and finding a property here that meets the 1% rule just doesn’t happen. Where are you finding properties that meet this criteria?
I've seen the rule of thumb that you shouldn't buy a property older than 30 years for value-add multi families. In some markets (like Cincinnati) the up-and-coming areas consist of properties that can be much older; b...
Hello, I am pretty new to the forum, but I've lurked for a while. Let me tell you my goals and then a bit about a potential deal.
I want to buy a rental home to hold. I am concerned primarily about building...