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Results (8627)
Cameron Fowler Proving Income on a STR New Property
26 July 2022 | 5 replies

How can I prove to a bank that a property is going to make money based on projected numbers? I think more specifically is it even possible? My thought process is that I do not have the funds to purchase a house but I ...

Dodie Dawson new member from tacoma, washington
27 June 2016 | 8 replies

I came across a mobile home on 1 acre of land.  Located on a paved road, with all untilties installed. It's a dbl wide with 2bd/2ba. The land alone is assessed over $100,000.  There's also other additions like a deck ...

Bailey Masters Cash Flowing Quad, need help figuring out how to finance
8 September 2019 | 3 replies

I’m a newbie and this will be my first deal. I found a great quad that is listed for $220,000 and I want to offer $200,000. It is fully occupied and produces $2400 per month income. I really want to do this deal but I...

Collin S. House Hacking with FHA 203k Loan
10 July 2017 | 6 replies

I'm starting to look for deals in Jacksonville, FL ( 32204, 32205, 32207, 32216, 32211, 32225) to buy a Duplex using a FHA 203k loan and rent out half while living in the other unit.My question is, when you use the FH...

Kyler J Sloan Maximizing Loan Amount
8 February 2021 | 2 replies

Does anyone have tips for maximizing a first conventional loan amount?I want to do this because the market I have chosen is a STR vacation area, and the properties with more bedrooms and bathrooms have a better ROI, a...

Anne Mccarran Is it worth renting after two years
24 March 2024 | 2 replies

I recently rented my house to move in with my elderly mother. Renting added income to retire. After two years I understand for tax purposes I sell it as a rental. Is it worth keeping and renting or should I just sell ...

Duane Johnson Seller financing stratergies
22 March 2017 | 3 replies

Hello Biggerpockets community I need your helpAfter Repair Value-                                     389,000Seller is Asking Price-                                        319,000(I'm going to try to negotiate 272,000...

Cesar Garcia Income Verificatiion and Screening
15 September 2023 | 3 replies

I have a quick question. When screening prospective tenants we look for an income at least 3x the rent amount. So for example if we charge 4k for a house that means they have to make at least 12k to qualify. Now my qu...

Jeff Martino Renting Horse Stable Space?
6 September 2023 | 4 replies

I'm looking a property on several acres with an established horse stable for 2 horses. The listing says there's also an "Arena, Paddocks, Pasture, Tack Room" in addition to the stable. If you can't tell, I don't know ...

Brad Hallmark Solar power on rentals?
1 March 2020 | 3 replies

So it’s not a new thing anyone have any experience with this in rentals? I’m thinking of charging a higher rent while collecting on additional tax benefits while using the initial cost as a business write off.