Hello, I recently got back from a very fulfilling vacation to my cousins in Bermuda. Locals are offered residential development grants by the government of Bermuda to bolster growth. Are there any residential developm...
Hey Guys! We’re looking at a 4 unit mobile home park. The numbers look great in terms of cash flow, however,I’m hesitant since the mobile Homes are park owned. I know that one of the bigges advantages to owning MHPs i...
Hi BP Team,I have an investor in the middle of his BRRRR and would love your input.He purchased a duplex for $1.1mm. He financed 80% with a 30yr fixed at 3.75% and hard money loan for the balance at 3% for 2years. Aft...
Hi,Im in the process of closing on my first deal and will try out managing the property myself for the first year. What software do people use to manage the bookkeeping? Excel? Quickbooks? Or is there some other prog...
Hi everyone!
I’ve been looking at buying a SFH (to live in) above $200K but having no luck with cash flow (for when I eventually move out) - got one more potential lead through seller finance. What’s your opinion on ...
Since the new 5% down payment came out i am currious if the rents from a 2-4 unit owner ocupied can be used as income to help qualify for the loan, like you can with FHA financing.
Hey Everyone! Thanks for reading this! we are looking to purchase another STR but our DTI is too low. This is because the other STR we own cant be used as monthly income. Has anyone found a good way around this? It is...
Hello BP!My name is Gurshan Bansal and I lived in Memphis for 18 years before moving to Atlanta in 2015 to begin a career in the tech. startup industry. In 2014 I purchase my first home in the 38117 zip code, house ha...
Hey guys, I wanted to share a bit of my story since I know I am not the only one who is in the same situation I'm in. I'm an out of state investor who's been doing deep research in the Chattanooga market, and I find ...
Good morning Bigger Pockets!Background. I am just starting my journey of financial literacy and a deep down the rabbit hole of self education through websites, bigger pockets podcasts, and books. I am OBSESSED, as I a...