Jinyu Shao
Tax Implications of Primary Residence vs Investment Property
Hi all, I own a duplex in Queens and our family both live and rent the property. My family is planning to move out of the neighborhood and rent out the entire building.
I'm unsure whether the house will become an ...
Joel Owens
Is FLIPPING DEAD??
I knew it would happen eventually. Some big news channels are picking up and starting to tell people to look at flipping. I am not involved in flipping but know once the news stations start saying it the market wil...
Peter Chan
30-year fixed or 5-year ARM?
If my expectation of the interest rate is that it will be lower than what it is now by 2027-2028? Should I take advantage of the lower 5-year ARM rate now and hope to receive an even lower rate 5 years later?Or take a...
Trent Glace
Expedited mortgage to gain equity or ride it out?
Hi all, I've been lurking behind the scenes for about 2 months but this is my first post.My wife and I have a LLC set up and are diving into the industry starting with duplex, triplex, and 4-plex units. We are workin...
Robin Schumacher
Any good strategies for using equity in existing home for investing?
My wife and I have kicked around downsizing from our rather large paid off home to something smaller and then using some of the cash received after we pay off the smaller home for RE investing. I wondered, though, ...
Jase Machado
First Time Real Estate Investor - Looking for cash flow in the US
I have about 250-350k in my California homes equity that I’m going to tap into. My goal is to get as many rental properties and as much cash flow as possible. I was recently listening to the Old Dawgs podcast (End of ...
Account Closed
New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
Obaid M.
Getting closer to Deal #1 - monthly payments freaking me out!
Hello BiggerPockets! I'm getting closer to my Deal #1 seems like (closer than I've ever been)...and I'm getting a bit nervous thinking about monthly payments I'll owe to the lender. The property I'm looking at is curr...
Vikram Brar
Any Provo, UT Multifamily investment groups?
Hi All,
I'm interested in Small/ medium multifamily investments in the Provo area and was wondering if there are any groups/investors that were active in that area.
I'm interested in C, B- properties with value play...
Sri Voodi
Is it a good time to buy a BUY and HOLD investment property?
I live in Los Angeles and have been planning on buying a investment property. But the prices in LA reflect the ones we had during the housing crash in 2007 or in some cases more than that. its hard to find a SFH below...