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My group has 2 four-plex long term rentals in Tucson AZ and wanting to diversify. We are all California natives looking for good returns. Where out of state should we be looking/ consider? Any advice or suggestions wo...
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Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...
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Basically I've come across a really unique property on MLS that is a duplex and SFH on one lot. - Duplex units 2/1, 800sq, basement with W/d - Renting for $1,100 Each-House 2/1 1200, basement with W/d - Renting for $1...
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Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
I'm eligible for a loan from Lending Club for $24k. Can I use this money as a down payment for a conventional product/hard money skin in the game? Or is there some rule that bans borrowing for a down payment?
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I have a Sfh under contract to sell which I bought 10 years ago in C neighborhood. After purchase and 2 rehabs, roof and a/c. I will end up with about 50% appreciation. Question is do I do a 1031 exchange with low inv...
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Greetings everyone. I am a buy n hold investor in Hampton rds. VA. Been doing this for a while however, I am torn between buying a town home or a Single Fam. Residence (SFR.) This will be my 11th purchase and I ha...
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Hi biggerpockets members!
I have a problem on my hand.. need advice!
I'm looking at a multplex in N. Las Vegas to purchase and it's cashflowing. 75% occupied with 25% vacant. I have enough for a downpayment and put ...
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TLDR: My fiance wants to buy a house (to use as her primary) for 300k and put 30% down but only has 1 year of income. Is there a mortgage she could qualify for?Applicant's Goal: I am a 28 year old
first time home buy...
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Hello BPers!When preparing my financial presentation to Private lenders and Banks, what do I need to present, and how should I present it?