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When it comes to selling properties, I firmly believe in maintaining transparency throughout the process.
Let me share some insights and experiences regarding this important aspect.
● Resident Impact. Hey, we ...
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Hi everyone,It's nice to join the Bigger Pockets forum world! am just starting out my REI career in Youngstown, Ohio. I recently signed a purchase contract for a property for $124,000. The property was built as a sing...
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I am trying to create an investment worksheet that will give me a quick overview of a potential property investment. My question is how do I account for the principal paid on the mortgage? The worksheet is attached in...
This is the first time I have posted here so I’m not sure if I’m doing it correctly but I have a question. I am currently saving and studying and hope to purchase my first property in the spring. I am relatively certa...
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I've seen a number of times that people are taking money out of their retirement plans to invest in RE. They also say there is no penalty for doing this under the CARES Act due to COVID. Is this true in all states or ...
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Hi BP Universe! I'm in my mid-50's and just starting out. I have a small 401k of around $20k. At this point in my life, I see little opportunity for big growth in that plan. My question is, would it be wise to close...
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During this whole Covid19 epidemic my 401k investment firm is offering that they will waive the early 15% penalty to pull out up to 100k with no payback. I know there will be taxes due in doing so but I have never see...
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How do you buy two rentals in one year? I was going to buy a owner occupied duplex with 3.5% down then buy an investment property using 25% down but my DTI ratio would not qualify for both mortgages in the same year u...
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Background: I'm an accredited investor with some cash I'd like to put to work in real estate. My goal is to build up passive income generating assets over the next 5-7 years to achieve financial freedom. Although I've...
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I'm looking to get a baseline for the financing I can potentially get approved for to help narrow down my search criteria. I asked a broker at a local real estate meetup last night if a pre-approval application would ...