Grant Garbo
Airbnb, In law suite
Hello All!I have recently purchased my private home in San Antonio, TX. There is a very spacious in-law suite in the rear of the property. I am confident that through airbnb I could bring in between $1000 to 1500 a ...
Corey Dutton
Low Down Payment Requirements of FHA Loans Triggers Criticism
With only a 3.5% down payment and a 580 minimum credit score requirement,many critics believe FHA loans are encouraging another crisis. In the U.K. and in Germany for example, home ownership is only for those who can ...
Clay Manship
Refinancing out of FHA?
Attention all lenders and know-it-alls:
Are there any parameters that prevent you from refinancing out of an FHA loan? That is, once that FHA loan is originated and closed, is there anything that would preven...
V Krishna
Large deposit into bank account
Hello,I am in contract with an investment property and the under writer is asking for source of deposit on large deposits into my account 3 months ago. The deposit was from loan returned by my own brother that i lent ...
Josh Ezeudo
If I buy a home through NACA can I use it as an Airbnb?
This is my idea for an investing baby step - using a home I own as an occasional Airbnb. Would that still count as owner occupied in their eyes?Also, can I refinance with another lender and thus get out of the NACA mo...
Troy Forney
vacancies and reserves
So I have heard of the 50% rule and also 40%. I am currently working on my 3rd SF in less than a year and am closing on a 4th in a couple weeks. I have so far completely rehabbed all properties. I don't want a pro...
Lear R.
Do I Have A Deal
As with most deals the clock is ticking on this one. Bottom line up front I'm hoping to prevent a service member from going into foreclosure but the numbers don't look very good. The property is currently in active fo...
Dawon Irvin
Easy Steps to Increase Energy Efficiency in Your Rental Home
Improving energy efficiency not only helps the environment but also puts money back in your pocket. Let's explore budget-friendly tips to make your rental more energy-efficient and sustainable for the long run.
1. Se...
Eric Maury
Splitting Water Bill on Tenants
Hi Guys, First time turning to BiggerPockets but love the community and could really use some feedback. Right now I own a multifamily--2 units--1 2br, 1 1br with a shared washer/dryer in house. My water bill is being ...
Jason Malabute
investing 401k money
A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.