Paul Wakim
First Flip(s) Financing Question
Hello everyone, I am brand new to bigger pockets and have decided to join and make this post to get some help from the rest of the members. I have not done a deal yet but I have my team set up and ready to go once the...
Eric Barnett
W2 vs. 1099 and Issues in Acquiring Financing
Hello, My questions arises over a decision I have to leave my stable W2 job and go back to being a consultant as a 1099 contractor. I will make about 20-30k more as a contractor with the ability to use my newly acqui...
Mark Cios
Seller Paying Downpayment?
A 4 flat near me is selling for $240,000. This is unfortunately just outside my capabilities of a down payment as my lending is requiring a 25% DP. At $200,000 I think i can make it work and I think the seller would b...
Thao Kieu
Being rejected by lender
Have you ever being told by lender that you have high debt ratio so you not qualify for another mortgage? The feeling being rejected is not fun & that is how I feel right now.I have one single home in DE currently...
Ray Hollins
Denied Loan even w/Great paying Job, DTI and credit score
I suffered a kick to the stomach today. I work in the healthcare field, I make good income, receive a W-2 but I only work in 3 month throughout the year for multiple employers. My plan was to purchase my very first pr...
Calvin Watkins
Buying Real Estate in Central/ Western Ohio
Hey Everyone!I began house hacking earlier this year and it is coming time to up and move to new location and leave my renters in my current residence. I was wondering if anyone has done this recently in the area or c...
Rebecca Cramer
Any way around needing 2 years of rental income to be qualified..
Hi everyone! I need help and FAST! We want to put an offer on a house tomorrow! You know how deal pop up and you got to act fast! So I'm trying to get qualified for a mortgage but the main source of income is our shor...
Eric Kulling
BRRRR vs Traditional
I’m starting to understand why BRRRR is so valuable however I am confused on why you can’t borrow against you investment the same way in a “traditional” investment as you would the BRRRR method. For example: traditona...
Jason Vannoy
Your thoughts on this deal...owner financing
Hello,
I have an opportunity to buy a house one house down from a property I own. It is in a college town and generates 1000-1200 a month. I am currently in physician assistant school and graduate in July 2018. I cann...
Yash Shah
Corporate (Bank owned) house for sale
Hello everyone,I'm new to this group and would love to hear your thoughts on the pros and cons of purchasing a corporate or bank-owned home. What should I keep in mind to ensure I'm approaching it the right way?Thank ...