Miguel Ortega
FHA Eligibility on Small Multifamily
I am currently co-borrowing with my brother, who is the main borrower of an FHA loan, and I am looking to invest into my first small multifamily home. Am i qualified for an FHA Loan on that multifamily property as a c...
Ashley Sanchez
Frozen and discouraged
Hi there!
We just recently got approved for a HELOC on our main residence in order to buy our income property. Unfortunately, the appraisal did not come back as high as we wanted it to and it looks like we are endi...
Reggie S.
Boston-based Newbie Looking to Invest with Friends
Hi! Thanks for taking the time to read my post. I am a recent college grad (blessed to not have any debt) working at a small-to-medium sized biotech company in Boston. I have a group of about 5 friends in a similar ci...
Shawn M.
DEBATE: Cash Flow vs Cash on Cash return
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Ethan Looy
Debt Freedom in my Business? How can I grow without debt?
Hey bigger pockets people! I love listening to the podcasts with Brandon and David! I am a builder in Michigan and I have flipped three homes on the side while also working for another builder. My wife and I are go...
Anthony Martello
Multi-family financing how does it work?
Hi,
I am very new to REI. I am looking for guidance on how financing for multi-family properties works. Whenever I make inquiries I am told to either go find a property or pay me to mentor you. While I have no proble...
Travers Xanthos
BRRRR and Debt to Income Ratio
Hi all!I have a question about financing that I was hoping to get some guidance on. I am currently working on a development project and once it is done, my debt to income ratio will be at about 40%. I would like to c...
David E.
Newbie needs some advice on what to do with land I currently own.
I am thinking about selling some land, but I fear that I am making a mistake and needs some advice.Here are the details of the property=====================================I currently have 1.5 acres of property on Arc...
Steven Morris
HELOC + Crowd Funding Creative Financing For First Flip
I've read up, I've done my research and I'm ready to take action. Right now im in the process of waiting until around October so that all of my personal income is available for investing and I will be 100% debt free m...
Luke Barry
Short Sale After Bankruptcy
Hey everybody, I'v got a question about a pushing a last minute short sale through after the owner has declared bankruptcy and elected not to keep the house. That was in October of 2011. However there was a recent not...