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It is my understanding that in calculating effective income for an FHA loan, non-taxable income (like child support for instance) may be grossed up at the greater of 15% or the borrower's tax rate for the previous yea...
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Why are homebuyers in the U.K. obliged to put down more on a home purchase than in the U.S.? Because in Europe, home ownership is still considered a privilege and not a right. The government-backed, FHA loans offered ...
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I am having some problems with the BRRR strategy, particularly with having my first property in the name of a LLC.It seems that the banks in my area won't (can't?) refinance the property unless it is under my personal...
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I located a foreclosed home that is selling for $180,000 and has a zillow estimate of $430,000-$500,000. Similar homes on the same block and area have sold from $385,000- $439,000. The home needs repairs that are quot...
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Hello all, I am about half way through The Book on Rental Property Investing. As of right now I am just getting started and am welcoming any and all information that might be helpful. The one clear goal I have is to b...
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Understanding Cultural Differences
Knowledge is power for helping Hispanics achieve the American Dream.
By Tony Cohen-Enriquez
In what can be seen as a growing trend, George Porras with Remax Master in Covina gets ...
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what are Disadvantages and Advantages of each of these and which one do you recommend? (I prefer multifamilies by a Long Shot)
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Hello, BiggerPockets!My name is Lalo and I've lurked here for a few months and realized how silly it is not to introduce myself. I've always had an interest in real estate but I was born and raised in Los Angeles and ...
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Hello, I bought a condo in Laguna Niguel CA in December 2009 (short sale) for $365,000. Today it is worth about $550,000. In 2009/2010 I did $29,852 of improvements including interior paint, carpet, remodel kitchen/b...
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PLEASE, FOCUS & DO EVERYTHING YOU CAN TO BUY REAL ESTATE BEFORE FALL 2017 and lock in a 30 year interest rate.Housing Prices in the US will be coming down slightly over the next 2 years as interest rates go up.NO...