I want to understand which percentage of credit usage is best and if it has to remain constantly at that level. It seems no matter what I do, I lose points (not always of course). I was keeping my credit usage below 7...

First post on bigger pockets! I’m under contract on my first 3 family home and I’m exploring insurance options. I’m hoping someone (anyone) can shine some light on the differences between Homeowners, landlord, umbrell...

Hey everyone, hope all is well with you! I just want to make sure I'm getting the depreciation tax write off correct. Let me give an example to see if I got this right. If I have a property worth $300,000 and land is ...

Hi BP - I am buying an investment property for $90,000 with 25% down. All of my costs are below. The closing costs seem VERY high. Is this a reasonable amount to assume paying?Purchase price: 90,000Borrower closing co...

Hi everyone,

This is my first post on this forum. I'm fairly new to real estate investing and I am going to look at my first possible investment property in a few days and could use some advice from experienc...

Hello BP!I found a Multi-Family property that was obviously priced way below market value at 20,000. This is a bank owned property and it is in good condition! All it really needs is some minor updates, paint and floo...

Howdy, Hope the detail proves to be helpful, I would appreciate all the helpful feedback I can get. Will be applying for my first mortgage loan in the next 5 months and want to ensure I am in the best position I can p...

So I have a few rentals already but like everyone else I am looking to expand my portfolio. I have talked to a few private and hard money lenders and came up with an idea i would like to try. I have a discover card wi...

My townhome is getting lots of interest with prospective renters, but almost everyone's first question is "What are your qualifications?"  This translates in my head as "How crummy of a tenant are you willing to take?...

So my main goal this year is get my first property under my belt. I'm trying to be creative in my financing so I'm working with my Parents. Were using a quick deed claim to transfer ownership of their 1 rental to me. ...