Hi, I posted quite a bit a year back or so about my interesting situation. I lived in Japan for 20 years and was going to start building my USA based portfolio from Japan. I now actually live in Colorado full time and...
Greetings,My wife and I purchased our first rental this spring with conventional financing. It's occupied and doing fine. I've talked to our mortgage broker about securing a loan for a second property, and according...
I have a few rental properties, all financed via conventional mortgages in my own name, and property titles also in my own name. I also have an LLC.
When I rent out these properties, the rental contract is between th...
My wife and I have rehabbed (mostly cosmetic) both of the properties we have purchased. They were both live-able and for our primary residences at the time so we used conventional financing. We enjoyed the process, ke...
Hi All,
I am a newbie to BiggerPockets and am interested in using my VA loan (and/or VA renovation loan) to do a house hack in Miami in late 2022. I am writing to ask for advice from those in the forum who have done ...
Below is a snap shot of a P&L on a potential investment property. How exactly is D/I calculated. I'm confusedIs it PITI/(.75*2400)=(1246/1800) which is 69%? Is the D/I something else?
Investment Info:
Single-family residence buy & hold investment in Norfolk.
Purchase price: $300,000
Cash invested: $2,300
Used a VA loan to acquire a rental property close to military bases and t...
I recently purchased a sfr with cash through my s-corp. I am an industrial machinery contractor and had enough cash saved up in my business account to do this. I bought with cash this way so I could act fast and try ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $150,000
Cash invested: $15,000
4-unit apartment house. One 2br, Two 1br, and an efficiency apartment downst...
Myself and my friend want to buy one investment property. Accountant advised us to form LLC so as to reduce the liability and protect our existing assets against any unforeseen events. When we were about to create the...