Investment Info:

Single-family residence buy & hold investment in Morrow.

Purchase price: $115,000

Cash invested: $17,220

Property was purchased for the equity and not the monthly cashflow. As we...

Hello,If you buy an investment property and then add a pool, this pool upgrade is eligible as a write off ??

Hey all,
Long-time lurker, first-time poster and I wanted to get some opinions.I somewhat recently bought a house in Georgia through Roofstock and, through some underwriting bungles on my end, it's not performing gr...

We purchased a rental property and had to invest major amounts into repairs. The cost of the work is expected to exceed the projected rent income for this and may be couple more years, and we were hoping to recover th...

I have my first appraisal coming up and am meeting with the appraiser. I wanted to create a simple 1-2 page document with basic information about the property(i.e., list of improvements and comps in the area). With th...

Im curious as to which strategy everyone is after these days. I realize this is a very location sensitive post so if you could provide your primary investing area it would be extremely helpful. I feel most newbies (su...

Hi Everyone!  I am having a little bit of trouble refinancing a property I own and hoping someone has run into this before.I invested in an over/under duplex 2 years ago and did the BRRRR method. Bought it for cash, r...

Hello, I just bought a house w/ a mortgage of 30 yrs. + 4.5% interest rate, 3% down. The loan amount was for 235k.My P&I = 1,194 / moPMI = 86 / moIf I don't make prepayments, then I can get rid of PMI in 10 years....

Hi members of the biggerpockets family,
I am writing this introduction post to tell you a little about myself and hopefully learn a bit about you also. My name is Leo Merchant, I’m a hungry 19 year old from a small p...

Can anyone point me to a narrative that explains exactly how a FHA 203k loan works?  Is the process flowcharted out anywhere?  How much repair can be financed?  Do you make IO payments during construction? etc.
Thank...