So I just wanted to discuss the pros and cons of a 30 year vs a 15 year conventional loan on an investment property. My first post to these forums as a new member to Bigger Pockets!Quick background on my situation: I'...
Working on buying my first rental...a SFH buy and hold. There are several houses I'm looking at that are roughly the same price and will rent roughly for the same rent. Is it frowned upon/will it annoy my real estate ...
I'm pretty much a newbie at this, and so just playing around with numbers as an exercise. Here's how I approached it:Searching on CL and Zillow got me to this SFH in the Hampden neighborhood of Baltimore (hipster/very...
Hello everyone, So I just graduated as a pharmacist last year and like most health professionals I graduated with massive debt. I've set my mind to be aggressive in paying my debt (4-5k a month), which would allow me ...
Hello BP Friends! I'm ready to look at starting an LLC for my properties, but I've heard mixed advice about their necessity and benefits. I would be starting the LLC as a disregarded entity and reporting my profit/los...
Ok, I have a question I could use some opinions on. The lot joining a house we own is being offered for sale at 39K and is .19 acres. It has been on the market for 200 days and we are ready to make an offer. We ...
So I'm at this new job today, and everything is being thrown at me. 401k saving, dental, vision etc... Anyways throughout the 8 hrs shift I could not focus on the task at hand but rather having rental properties. I fe...
Hi I am a new investor from souther California. I am looking to invest in a out of state market as southern california is very competetive with high property cost. Do you think its a smart idea to buy my first rental ...
I own several single family homes and a couple duplexes that are held in an LLC owned by myself and a partner. They're all rental properties.I've been trying for years to do the "BRRRR strategy" as it's now called - s...
Hello all,
I am speaking with a loan officer in regards to house hacking with FHA loan and they keep recommending I use a conventional, due to the fact that there is too many extra steps associated with FHA loan and ...