Matt Johnson
Low credit score, low down payment, lease ends in April; Advice?
Whatup, Bigger Pockets Nation!This year is finally the year I can get into real estate! I've been terrible with money in the past; mostly because I've been in low skilled, low paying jobs my whole life...until now.I w...
Joshua D.
Money,Net Worth and things people dont wanna talk about?
What do you think the average net worth for a retired person is? How much do you think for ages 20-30,30-40,40-50,50-60,60-70 ?
Steven Gesis
The RE Amazon Craze - Coming to Cleveland, Ohio
So, for all that do not know, Amazon is building nearly 2.4M sq. ft. distribution center(s) - specifically (2) new facilities within 20 miles of one another in NE Ohio - this is great news for the region and job creat...
Account Closed
New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
John Wallace
Current DSCR rates? Who's got the best program?
Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
Cal C.
Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!
I strongly believe whether or not you use debt or don't use debt to buy real estate, it is important to pay off debt that is not related to your RE investments. All of that interest your paying is money that could b...
N/A N/A
What is "Subject to..." ?
OK, can someone out there explain what is meant when someone acquires a property " subject to..." ? Subject to WHAT ?
I believe this means subject to existing financing, but I'm not sure. If so, how do you avoid the...
Elena T.
Bounced Rent Check - Sacramento/Elk Grove, CA
Good morning,This morning I was notified by my bank my tenants rent check bounced. This is the first time I've encountered this. After reading our lease agreement, my husband and I realize we need to add additional cl...
Jessica Jimenez
First Investment Multi-unit with no $ and bad credit
Hi everyone,I'm new to BP and this is my first post, so thank you to anyone who takes the time to read and help me out. My situation: Credit score in mid 500s.No $ saved for down payment. My last job assignment ended ...
Ilya Ratner
Accounting - Ask me anything
Hi everyone, I am a real estate accountant in NYC and has been doing it for the past 6 years. I primarily do day to day operations for residential buildings in NYC. Ask me anything