Hello long time bigger pockets fan; first time post. Hoping some of y’all. Have some valuable info for me. I am inquiring about a primary residence property in Newark, New Jersey. I am looking for some rough numbers o...
Hi all,
Will lenders look at the just minimum mortgage payment that’s on my credit report or will they include the HOA and home insurance (Those 2 are not escrowed) in my debt to income ratios when they’re qualifying...
My wife and I have had a buy and hold for 4 years. Between improving the property and appreciation we will have a large profit if we sell it. The home is comparable to our current personal residence. My question is...
Hi All,
I am interesting in purchasing a multifamily property with an FHA loan. I've seen multiple requirements from different websites. The one that I'm concerned about is "2 years of employment" or "2 years...
Hello BP community,I am 30 y/o and live in Orange County, CA. I have been interested in real estate since a young age, and now that I am able to get started I'm stuck between two options. 1) I have been considering bu...
My husband and I bought our home one year ago using a FHA loan here in Los Angeles. Our home only cost 2/3 of the amount we were approved for. We are now looking to buy a rental property in Grand Junction, CO. I...
Hello everyone,I recently purchased a SFR as an investment property and started rehab this week. Trying to decide whether to flip or rent. I had originally thought I would rent for year and do a 1031 to avoid cap ga...
First I'm very thankful for any helpful advice. Location: Omaha, NEMy wife of 5 years and I have 3 young children and have lived in our mortgaged home for 4 years. We have a FHA loan and put down 3.5%. We purchased ...
Hello,My wife and I are looking at doing a 1031 exchange and purchase a property on the Oregon Coast. We understand that it's not very realistic to expect that a vacation rental will be the greatest investment but thi...
All,I am hoping to get some feedback here w/ potential seller financing (I am the seller). I am a lawyer by trade and am generally not too good w/ understanding tax numbers, etc. I will try to keep it simple - any fee...