I currently have some cash (my army) that I am building up for a down payment on an investment property sitting in a Barclays 1.20% APY savings account (Earnings peanuts). Waiting for that perfect moment to pounce a o...
Hi, I will be paying off the rest of my debt within 6 months and looking at investing in real estate after that. I am salaried at $62,000 and have 800 credit. I am looking at homes around $175,000 in Texas, where I li...
Hey everyone. Here’s my situation. I’m in an apartment lease for 7 more months. I want to buy a duplex to house hack. Will I still qualify for an FHA loan for that duplex even though I can’t live in it for about 7 mon...
Hi BP,So my situation is that I have a good bit of equity in my 2 homes, but I cannot really access it. I would like to do a Heloc for one or both of the homes but my DTI ratio does not meet the 45% that banks require...
Having studied and invested in real estate for several years now, I have learned what many of the investment related acronyms mean and how to apply them. I do, however, know that the jargon aspect has been quite frus...
NOTE: this is our first BRRR!!!Purchase details: Duplex in Jefferson County NY, originally listed as 3 bed/1 bath on each side. 1 side was rehabbed and occupied by previous owner, 2nd side was essentially gutted (with...
Hello BiggerPocket’s Guru’s,
First off, thank you so much for taking a second to read this post! It is with a heavy heart that I am in a bind. Pretty much grasping and looking for a Situation Assessment from the kin...
I have posted on here previously, but I wanted to extend this message to anyone who has purchased an investment property WITHOUT having >50k in assets and not required to have a family member/friend co-sign for me ...
Hello everyone,I am a new investor located in Indianapolis excited to get started within the coming months. I am interested in multifamily homes, primary duplex's. I'm looking forward to getting to know many of you th...
Ok so back in 2009 I acquired a failed multifamily subdivision from our local bank. It had 2 four plexes on it and septics in for next 2 buildings. It was plotted for 6 more I sat on it until about 2018/19. So first t...