Sam LaGrassa
HELOC or Cash-out refi
I am getting my feet wet in the world of real-estate investing. I own a condo in which my wife and I reside. We bought the property for 820K with a 80% 7/1 ARM at 2.95%; 10% HELOC and 10% down. I have since paid off...
Denise Dresbach
Struggling with direction to take
Hi all,I have been reading Bigger Pockets for a couple years now and recently started listening to the pod casts and love it! I am writing today to get some advice.I bought my first investment property almost 2 years ...
James Brand
Tenant Screening: Bad Credit okay?
Hey BP, I am currently considering a potential tenant with a poor credit score in Philadelphia. He was upfront with me about it when first viewing the property, and explained he does not currently have a credit card s...
Devin Miles
Should I flip or hold my first multi-family property?🤔
I am 19 looking to buy my first investment property and I found a good deal in New Hampshire. I am not sure whether I should flip it or hold it as a rental property? The house is listed for $350,000 3000sqft 8bed ($11...
Patricia Miller
Live-in flips: should mortgage costs be included in C-O-C calcs?
If I am evaluating a property that I intend to live in while renovating to prepare it for sale (in 6 months or so), do I need to include the mortgage costs +utilities, etc while living there in the calculations for Ca...
Ryan Doyle
I think I found a deal on a MHP...need input...
I'm currently in the initial phases of talking with the owner, but here is what I know so far:Rents are about half of market...owner is aware of this. He hasn't raised rents in over 10 years as he prefers to keep the...
Vincent G.
How to deny qualified applicants?
Can someone please share experiences of denying qualified applicants? If there are multiple applicants who meet the minimum qualifications, how do we take the preferred one and deny the rest applicants the right way?
Or Y.
15y vs. 30y strategy - convince me i'm wrong
Hello everyone,First things first - I'd like to thank all of the contributors to this forum, your advices and inputs taught me *A LOT* - so I'm grateful for that.TL;DR: For a new RE investor with a good starting point...
Alex Wise
Save Cash or Invest?
What do you recommend for short term savings? I’ve been a bit timid with purchasing my first investment property. Analysis paralysis makes me hesitant at this time with interest rates what they are and anticipating a ...
Francis Dinh
Rate of Return in investment property
Hello,I am in the contract of a house in Rockwall, Texas (Dallas area). I run the rate of return online and this is what I get. Please advice me anything you know, I appreciate that. I am a new guy, this is my first i...