It’s been a very exciting and yet a turbulent experience in terms of bringing enough cash to the closing, passing and knowing about rigorous FHA guidelines for the first time, as well as fixing a major credit issues ...
Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
I am purchasing a house for $200k and I need to bring in a financial partner to pay about $25k in rehab costs. I expect to generate a profit of about $40k. What percent of the profits should I share with my investme...
Hello all, I am not a new landlord but professional opportunities have me moving away from the Midwest to NYC. I am wondering if it is even possible to house-hack effectively in NYC or LI? I would be happy to break ev...
I came to realize that for service animals or ESAs the NJ/Federal law does not permit charging any deposit or rent. However putting my landlord hat on, I see this as a nuisance to a landlord. An animal is animal and i...
Hello! My fiance and I are looking at a deal in East Linden. The house is a 3/2 and has an ADU with a kitchen, and bathroom. It looks like the ADU has not been properly zoned to be considered it's own unit, so accordi...
Hello, everyone!I am new to Bigger Pockets and to the Real Estate world, with goals to invest in buy and hold rentals, especially multifamily.I turned 26 in December, and started my career as an orchard manager near m...
I have a question on what I can do out of a 1031 Exchange. I'll use round numbers to look for an answer from you guys.
I have an investment property that I purchased for 100K with 20% down. I am setting up a 1031 Exc...
I have a question regarding mortgages for personal property. I just heard from our lender that we have plenty of income to cover the new mortgage we want BUT they can not make it work on paper. I work a W2 job, own a ...
My name is Chris and I'm right outside of Chicago. I've been a passive real estate enthusiast (is this a great oxymoron or what?).
Anyway, I own a couple of low-end properties but now I want to wake up and blossom a...