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Anybody have some advice on how banks see potential rental income when determining the loan amount that an applicant can qualify for? Just want more ways to enter an expensive market. Thank you in advance!
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Hi everyone! There’s a potential tenant that has applied for a rental that is using a trust as proof of income, as well as 30 day bank statements. They do not currently have any type of employment. The other tenant th...
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Good afternoon folks,
I’m working on acquiring a STR in IN. I’m going to use a vacation home mortgage to fund it. Is there a minimum amount of time from close until I can start using it as an Airbnb?
Thanks in adv...
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Hello Biggerpockets! I am currently looking into purchasing a 6 unit multifamily in upstate, NY and I just wanted to see how the taxation works if anyone could help me out and let me know what the percentages are? Tha...
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I currently have a property(duplex) in central Pa under contract and the rents are a good amount below the average for that market. Are there any laws in Pa that say you need to give a certain times notice before rais...
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I've done residential rentals in the past but looking to start into commercial. I know nothing about working with commercial properties. I was recently offered mentorship through a veteran's program for commercial rea...
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Hi everyone - I'm currently looking at Ohio, specifically Dayton for 4-plexes. Ohio seems landlord friendly, reasonably stable blue-collar economy (I currently own rentals in WY and I'm looking for a new location that...
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New to this community, heard great things. New investor looking to learn a lot. Thank you in advance. As I mentioned I’m a new investor. I am creating an llc with a couple friends as we go into this new endeavor. My q...
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East Cleveland players. I have a potential property that tested positive for lead based paint (built in 1925 so no surprise). Any advice on how to handle it? What is reasonable cost for abatement? Thanks in advance.
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I’m just getting started and would like to know of any sites to obtain lists is distressed properties for mailings extra. Thank you in advance.