Jeremy Hunt
Cash or Finance
I am a just starting. I just recently got a rental unit up and going so I feel energized that I can do this. My question is I want to buy a house next to live in and rent my current residence which is a mobile home...
Lawrence Paul
Extra Cash - How to spend effectively!?
So, I currently have two rentals that are both cash flowing and a primary residence that I will be moving from and renting in roughly a year (Total of three rentals in a year from now and a primary).
Mortgages are 35...
Paul S.
Experience with seasoning on rental income (Fannie Mae Guidelines)
Has anyone had any experience with getting around the seasoning requirements for rental income? With the properties we own, all of which are financed, we have reached our max debt to income ratio. From what we unde...
Chris Hill
What should I do with $2M in equity? Sell?
I'd love some advice. I purchased 14 townhomes eight years ago for $120K each, and they are now all worth $350K. Total value is $4.9M, and I owe $1.6M. My goal is monthly cash flow. I'm about roughly $11k right ...
Account Closed
Seeking first loan, should I wait for slight income increase?
Cheers to breaking the ice on my first newbie question!I planned on getting approved for a loan this week until I was recently informed by a manager I could receive additional hours within ~ 1 month.These hours would ...
Brian Green
Tenant Applicant with Cosigner who is retired - accept or deny?
I have a unique situation with a tenant applicant for one of my rental units. On her own she fails to qualify for the apartment because of insufficient income but her mother is willing to co-sign on the lease agreemen...
Ruben Dominguez
New from San Antonio
Hi BP community,
My name is Ruben and I am from San Antonio Texas. I work full time in IT and I am looking to supplement my income with real estate, specifically buy and hold. My long term goal is to eventu...
John Sayers
MF Syndicators; Why use a bridge loan, now?
I asked a similar question in a FB MF group but many syndicators seemed to shy away from the topic. Maybe more on BP can help educate.Topic: Using 3yr +1 +1 type bridge loans in stabilized MF deals (say 120U+, basic B...
Marcos Urvina
Should i sell my home?
Hi! Everyone on Biggerpockets,Im currently thinking of selling my home right now that demand & prices are high. Our family goals have shifted from working, saving, buying a home to investing to get out of debt and...
Aaron Mayo
Should I invest into real estate with student loan debt?
Hello All,My Background: Age: Early/Mid 20s Occupation: Information TechnologyI moved back home with my parents a year ago, to pay off student loan debt($$$). In the next 3 months i would've paid off $33k+ in loans an...