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So the 50% rule is taking 50% of the rents and saying that will put towards operating expenses. So what is left is used to pay for the mortgage. So when dealing with an FHA loan and having extra payments like MIP. Wou...
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Is simply applying the 50% rule running the numbers? In other words, can I simply calculate what my P&I will be and as long as it's 50% or less of the expected rent, then the deal has potential? Can this replace...
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Hi everyone my name is Pablo I just moved to the Phoenix AZ area from San Jose CA 2 months ago and I just joined BP to learn more about RE Investing. A little bit of my backstory: I am a former college football player...
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Hey All! Been watching/listening to BeardyBrandon (fantastic teacher) and others on BP but have some questions about subject 2. Why subject 2? It seems like it fits in with what I'm trying to do. I live in an expensiv...
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Has anyone house hacked repeatedly and continuously got 3% 5%-10% down year after year? Duplex? triplex? How many times did you do it? What were your obstacles?
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My husband and I started investing in Baltimore County, MD a little over a year ago. We purchased our first property for $58,000. We were able to rehab the property for $35K. We started the rehab with the intention...
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Hi peeps,Former mortgage UW here that was working my dream job until mortgage rates sourced which was crushing for my line of work. So now I can begin to look at a BRRRR method. One of my questions I wanted to inquir...
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I am considering whether to focus on properties that generate cash flow or those that have potential for appreciation. I am looking to understand the pros and cons of each approach, as well as the risks and potential ...
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Hey everyone! My name is Storm. I am just beginning my journey in real estate investing and looking for some advice on some things. I live in south west Michigan and I just graduated with my associates degree. Rather ...
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Hello BP! I'm new to the REI game and am more than fired up to get going. Though I consider myself to be in the learning phase, I hope to have a contract on a 8-12 unit multifamily property by 3/1/18. I have access...