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Good afternoon, BP.Let's say you want an applicant's monthly income to be at least 3X the monthly rent. A) If the applicant is an employee, would you just subtract the average expenses found on the bank statements fro...
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Hi again BP members, thanks in advance for your help.
Starting next month I will be shopping for home loans at a few different banks and I was wondering would this be a good time to apply for a credit card also. Are ...
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I'm new to the Bigger Pockets online community although listening to one Bigger Pockets podcast episode is what kicked off my original investing journey many years ago! I've been a full-time real estate investor since...
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I've never done a SubTo deal, but I'm thinking about proposing it to a seller in Idaho. Any tips, tricks, cautions, etc. related to this state? I have a STR in Idaho near Yellowstone, but this would be an investment...
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Hi. I have a property that has one mortgage but has 4 sfh on it. My trouble is some how the bank can never keep track of declaration of insurance on all 4. I have 4 different polices, 1 for each house. I feel if I had...
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Greetings,
My land density can only support 3 properties on it but I can have 2 ADUs. What is the cheapest layout of the properties on the land?
1) 4 units (two top two bottom) + 1 ADU2) Triplex + 2 ADU duplex3) 5 u...
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Hi everyone,Can someone kindly explain the phrase underlined below in simpler English? A qualified real estate professional is a taxpayer who owns at least one interest in rental real estate that:
Performs more than ...
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Hello and happy holidays! I have a possible seller financing opportunity, where I would be the buyer. Can anyone recommend software which would accept monthly payments (from me to seller) and create proper 1099 form...
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Does anyone have experience in what I think is called pool investing? Like when 10 people each put in 10k so that there's a 100k deal. It seems like a good way to be able to share the wealth and also get a bigger deal...
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Pros and Cons from your perspective?