Scott Armantrout
Finding the target property
Let me start with a little background. I currently own two rental properties, but neither property was bought with the notion that it would be rented out. I bought and lived in my first property in 2006, and when it...
Brooklyn Ron
HOW DO I BECOME AN INVESTOR?
I wanna know about how to become an investor in long term or short term rental properties. How to find someone who will give me a good return on my money? What’s a good starting budget? How to become a partner? I know...
Albert Bui
Your Taxes & How it Affects your Ability to Qualify
If you are applying for a new loan during the year in which you purchase in which case you have not yet filed a tax return to claim the rental property will be 75% of gross rents evidenced by lease agreement and...
Corby Alaniz
50% rule with turn key property
I'm looking to purchase a townhome in Mesa, AZ (85205) for my personal residence for a year or two then moving out to a bigger home in order to rent the townhome out. I'll be using the VA loan so it will be no money d...
Adam Moehn
Phantom Repairs when doing Rental Deal Analysis
I'm curious to hear how other people account for phantom repairs when looking at a deal to purchasing a rental property. By this I mean the depreciated value of having an older roof, furnace, etc. in a house you are l...
Brandi Scharrer
Brrr + STR "Refinance" Question
When using the Brrr method and it comes time to refinance do you have to show any rental history of the property being rented? Is that something the lenders take into consideration? If so, how much?Found a property th...
Inga Davis
BRRRR cash out refi - higher interest rate to get 80% LTV instead of 75%?
Hello all,I bought my first rental property in Columbus OH using the BRRRR method and money from my HELOC on my primary residence. I am now trying todo a cash out refinance to pay off my HELOC so I can repeat the proc...
Jacob Wazydrag
Fresh Investor, First Deal Done...Whats Next?!
Hello, Bigger Pockets Community!My Name is Jacob, and I am 26 years old living in Chicago IL, (Portage Park Area) and one of those "Get's up at 4:00 am and Just Never Quits" kind of guy. Haha. and I did my first real-...
Amber Straub
Newish investor looking for experienced advice
Hey there, I’m in a rut and looking for experienced advice for my next move. I purchased my first investment via house hacking Nov 2021 with a duplex in Naples, FL. Purchase price: 553k at 2.3% Mortgage balance: 523k....
Herb V.
The Dovetail Method
Double closings using the Dovetail Method. Can anyone explain why this is good or bad. How does it work? Thanx, Herbster