Justin Drappi
condemned house, yes or no?
I am a wholesaler from New Jersey. I drove past a condemned house, the roof is collapsing. I haven't experienced a condemned house as of yet. what hurdles can be expected?
Joseph Scheidt
Round Lake Beach, IL 6 Unit Multifamily Reposition
Investment Info:
Large multi-family (5+ units) buy & hold investment in Round Lake Beach.
Purchase price: $350,000
Cash invested: $90,000
Contributors:
Ryan Wosick
Acquired the as...
John Melenski
House Hacking - do you need to use a FHA loan?
I see frequent references here regarding housing hacking and the usage of FHA loans. It seems most people are doing so to allow rental income to support DTI ratios.If I can income-qualify for purchasing a property wi...
Sunny Dutta
Project Manager from Los Angeles, CA
Hi everyone,I am the CEO & Senior Project Manager @ DUTTA Real Estate Investment Group and have been investing in the Real Estate market since 2002. Hope to build some great relationships in the professional worl...
Jen O.
Buying 2 properties, one loan. How to separate later?
If I buy a house and a lot next to the house using one loan, how do I separate it later? Do I have to refinance? It sounds like a headache, so I'm trying to decide if we should consider 2 loans instead of causing our...
Joe Black
Paying rent during short sale negotiation
I have a question for either of you guys. I am currently renting a condo which is recently up for "short sale." My lease is finished and I am paying rent without contract. I was told that I would receive 30 days noti...
Jake Wood
Oak Park Live-In Flip
Investment Info:
Single-family residence fix & flip investment in Oak Park.
Purchase price: $140,000
Cash invested: $15,000
Live in flip #2. Learned some good lessons about buying in the path of...
Corinna Lo
Setup LLC (with mortgage) to run real estate rental business
Hi, all
I have a newbie question that I need help on. I need to understand this LLC thing well. I read here and there, talked to many people, and the bank. I don't seem to get a good grasp of it.
I have been told...
Julie Goodwin
Going back and forth on what my first deal should be
I said I was going to house hack for my first deal, now I’m thinking buy a house to put us in while our kiddo goes through high school, we currently rent, and then refinance, use that money to purchase first rental pr...
Alan Eng
New Member from New York
Hi,I am a 25 year old Help Desk Analyst. I am on Bigger Pockets because i want to create a reliable recurring income for the future.I live in a co-op with a mortgage and I also have 2 investment properties without lie...