I am looking at a 59 unit complex it was built in the 70's and it is in good shapeit is a class c complex I am talking to the bank (conventional comm. loan) he willgive is a 15year amortized loan with a 3 to 5 year ca...
Hey Everyone!I'm closing on my first property that I will be house hacking with. I'm in a condo with a buddy paying me rent. I will have a $220k 30-year fixed rate mortgage at 4.875%. Using amortization calculators I ...
I bought a house back in November 2020 for $378,000 in the Sacramento area. 1300 sqft 4 bedrooms and 2 baths. I rent out each of the room for $775/mon and the master bedrm for 850/mon. Total rent income is $3,175/mon....
I am paying mortgage for all the rentals from business accounts. The only PITIA paid from personal account is for a personal residence. I am trying to get a 5% down first home buyer conventional on a fourplex for my d...
I know in Florida all government type liens follow the new owner. But this particular lien encumbers the property of the now deceased who owned no property when the lien was written. The lien says all property owned n...
I'm new to Biggerpockets forum!I'm a young ( 30yrs old) real estate broker in Kentucky/West Virginia and I currently have 4 rental properties( three homes and one duplex) that I have obtained over the last 4 years th...
I just went under contract for rental property number 7 and I’m projecting my return on invest to be 11.7% on a yearly basis. While I’m happy with this return it was below my average return of 17% on my previous 6 ren...
I currently have 1 rental property, and a primary residence in my wife's name. I am close to purchasing a 2nd rental property, and hopefully another by the end of next year. My wife and I both have reliable full-tim...
I searched for answers to this topic but couldn't get any information. My question is simply if i own 5 rental properties and they each are cash flow positive. How can i get a 6th one? My dti will be reaching 50%. I...
I have student loans that I am paying. I just pulled my credit report and they are greatly affecting my overall debt/available ratio. What happens if I pay off one of the loans, do I lose that debt + what is available...