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So after reading books, frequenting bigger pockets forums, podcasts, webinars, and YouTube I feel like I am ready to buy my first sfr. I have found a really nice deal and the owner owns the property out right (owes no...
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Hey everybody! I am looking to possibly house hack in Orlando. I have seen debate over multi-family and single family homes in terms of which is the better investment in this market. If the goal is to be cash flow ...
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I'm looking to purchase my first rental property through Memphis Invest and I've been working with their mortgage lender to get pre-approved. I found out that I can't qualify for a conventional mortgage due to a fore...
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I am almost ready to put in an offer for my first STR in Big Bear. I just got a message from my agent that according to the listing agent, the title shows 1 bed/1 bath 830 sqft, but listing says 3/2, 1150 sqft. What a...
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I going to be receiving a large sum of money in the near future. Should I invest in another property or pay off my personal residence?
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Hi,
I'm not sure if anyone else is going through this in Los Angeles/Moreno Valley so I'm reaching out if this is normal. I have a 2000 sqft home with 5 rooms that's currently being rented out by tenants. Utilities a...
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Hi. I am new to BP (former FatWallet member though!). I have been investing in RE for ~10 years and hold 5 properties. They have not been time-intensive, but I'm always interested in smart financial options. The G...
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All of us are familiar with the "rule of thumb" ratios for how much your house payment should be as a % of your net income, used to be 25%, seems to have creeped up in recent years. But, how much of your net worth are...
The 1% rule is old news, The average sales price in my area is $450,000 and rents top out at $2500 for higher end stuff. Does this mean my only choice is to invest in an area I don't live? Sounds scary finding another...
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Hey all,I am in the process of maybe wholesaling a home here in Missoula, MT. I have an appointment to go check out this property but want to make sure that if indeed I do want to pull the trigger on putting the home...