Polina Goncharova
Meeting my tenants - first time landlord!
Hi BP Folks,One year since I started on BP, I've finally purchased my first Buy and Hold in Chicago Pilsen area. It's a 3 flat and is fully rented, due to my FHA loan guidelines, I will be moving in once one of the le...
Tim OConnor
Newbie! Must Dos and Dont's to be Successful in Multi-Family Investing
Hi everyone!I am 24 (never owned any home or RE), debt free, working as a commercial credit analyst at a bank (think very large, complex Comm. RE deals - so I thoroughly understand the accounting/lending/analysis side...
Eric DeVito
Eric DeVito - Newbie here at biggerpockets!
Hello all my name is Eric DeVito, just following the guidelines so to speak and introducing myself. I am 25 years old, born and raised in Brooklyn, NY. I currently reside here in Brooklyn. I also am a Army veteran and...
Christian E Hardin
Is a fha 203k loan good idea for first investment property??
Was speaking to a friend of mine that is an agent. I asked if the 203k loan was a good way to get into my first property. My question is, is there a chance of cash flow after refinance? Circumstances being very vanill...
Vinh Le
Cash Out Refinance in TX with no Holding Period
I currently closed on a rental property in TX and several banks have mentioned that I would need to hold the property for 6 months until I can apply for a cash-out refinance. Does anyone have a recommended lender that...
Scott Heitman
Am I required to spend time in a property to FHA qualufy?
I own a fishing boat. I fish Alaskan water for salmon. This years season is over so I plan on wintering in the harbor town of Anacortes Wa. I stay on my boat. Moorage must be paid on the vessel when in port whether or...
Matt Pich-Maxon
70% LTV on Property #1 to qualify for conventional on Property #2
We bought our primary residence 10/06/2017. We found a Duplex that we would like to buy and make into our new primary residence using a conventional loan. I emailed a lender and she said I would need 70% LTV on our pr...
Patric Doyle
insight into baby steps?
Outside of running your own rental and having some cash available. What would you say is the very first step in getting started in commercial real estate (i.e. multifamily or triple net)? It seems like it's a whole ot...
Brian Gray
Buying and renting out neighboring house
Anyone bought a house next door to their primary house and rented it out? We've got a foreclosure opportunity on a neighboring house (back side neighbor). Neighborhood is $300k range homes. Home needs a couple gran...
Alfred Johnson
Estimating rehab costs here in North Carolina
What are bathrooms, bedrooms, kitchens, and etc. costing these days in North Carolina? And would the costs vary depending on zip code or area?