AJ Dhillon
Good business income, no personal income - financing options?
Down Payment: $500k-1m (hoping to stretch this across the maximum # of properties as possible)Business Income: 300-400k net profit (Only 1 year of history so far)Personal Income: $5-10k a yearPersonal credit: credit s...
Jason Turner
Beautiful triplex renovation that turned into a great investment.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Los Angeles.
Purchase price: $360,000
Cash invested: $150,000
Sale price: $665,000
Purchased, took all units down to t...
Benjamin Lemieux
Inheriting tenants at my first property
Good afternoon, My offer was just accepted on my first property. It will be a 3 family home in CT. I will be owner occupying. One tenant is moving out and the other the tenants lease will be ending aro...
Dominick Tanella
FHA loans and W2 income
Hello all,
I have been looking at multi-families recently with hopes of house hacking via an FHA loan but I have been looking through the forums and learned that FHA requires 2 years of W2 income. I have consistently...
Luke Carl
Thoughts on placing this tenant
Great job 809 credit score. 12 hits on criminal record the worst being battery with intent to cause physical harm (3 counts total) and Burglary of a Dwelling. Both of these were in the 90s.
There was another battery ...
Ken Power
Advice Guys. 650k cash to invest but no credit history in the USA
Hi Guys, have a (good) problem but need some sound advice. Myself and my wife will be moving to the US ( were from Europe) . We will have approx $650k cash to invest in Real Estate. Even though we have 4 star credit r...
John Whitfield
New to the Scene in NC
My account saying I've been on Biggerpockets for about a year now, but in truth I've been studying Real Estate off and on for a little more than that. It was only in the last 6 months did I realize just how little I k...
Anil Samuel
No Credit Check forTenant - Should I rent to them?
If you have a tenant that does not have established credit who is part of an older generation that doesn't believe in credit, would you rent to them? Every thing else as far as criminal, rental, and income has checke...
Rick M.
What to do if tenant falls a month behind
A few questions below:Are renters in general bad at managing finances? My unit cost 3k/month to rent but you can get cheaper units for much less. My tenant is constantly late, which is a clear sign of financial issues...
Gary Robert Burnham Jr.
Cash Cow in West Hartford
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $420,000
Cash invested: $126,000
This 3 family house is on the nicest street rental street in west hartford....