Chris Grooms
Better to flip or rent no mortgage paying cash for properties
Hello BP team,I’m a newbie at real estate and would like to buy some properties. I’m torn between rental and selling not sure which to do, I’m paying cash for my properties so no worries on a mortgage only have to wor...
Gonzo Moore
Co-Borrower but am getting allocated full mortgage payment in debt to income ratio calculation?
Hi All,Hopefully a quick question and apologies if it has been asked previously, I was unable to find the answer in my searches.A business partner and I co-borrowed for our first investment property. We both live the...
Belynda Wesley
Reverse Mortgage, Paying Arrears and Trying to Save My Dads House. Advice Please
Hey Everybody,
I can't believe I am doing this, I have been listening to the Bigger Pockets podcast for a while and really need some advice.
My 88-year-old father took out a reverse mortgage back in 2008 (why did ...
Dashon Jones
If owner is willing to carry a portion of mortgage, can that be applied to down payment?
I found a 6 unit apartment building that is listed at 275k and the owner is willing to carry 70k to help the buyer. In what way can I take advantage of this to acquire property with little money out of pocket? Looking...
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
Hi Everyone!
I recently started with a new company that is paying for my housing, vehicle, and fuel. This has freed up my income substantially from where I was working previously. Looking for thoughts and suggestions...
Jay Gibbs
FHA 203K monthly payments
Hello Everyone,I’m thinking of doing an FHA 203K loan for a 2 unit building to convert it to a 3 unit building. This is going to be a full gut rehab on the entire building. The renovations are going to take anywhere b...
Wouldn’t it be nice if your home paid for itself? Every month, you throw a substantial sum of money towards your rent or mortgage payment, but what if you could live mortgage-free? With ADU investments, it’s more than...
How much should your down payment for investment property be? Should you increase your down payment to maximize cash flow, or does putting all your financial eggs in one basket limit your ability to build and scale yo...
Wilson Pereira
Real estate mortgage and taxes
I have my rental real estate principal and interest mortgage payments going out of my LLC bank account. I believe only interest and real estate property taxes are tax deductible. How do I account for mortgage payments...
Ross Hayes
Key Deal Analytics Metrics
HelloFirst time poster...We purchased our first investment property a year ago, and we are working to prepare to purchase our second. I'm trying to educate myself better on the analysis to analyze deal, as well as ke...