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I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
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Hello BP,Just closed on a two year flip of a multifamily deal in Riverside CA. I don't usually like to publicize my deals but BP has been a nice resource and I thought I would contribute with my experience and answer...
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Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine... Multifamily investors, it's your time to shine!
In 50 words or less, let us know: What has contributed most to the growth betwee...
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My wife and I are approved for a VA loan to owner occupy a property up to $500k but I am losing out to all cash offers. Work history is over 3 years on my job, 10 on hers for the same doctor, my credit score is a 720 ...
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I have posed this question to help me serve my students better. I know most answers will focus around lack of money, but I think the answer is more complex. My three biggest reasons for taking action: FEAR, family m...
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I could use some words of encouragement. For over 2 years, every moment I can steal away from family and my business, I look at homes to try and start my portfolio. Mainly looking for some to Brrrr at the moment. It s...
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So recently I have taken interest in expanding OOS. I live in Loudoun County, VA and OOS deals, if done properly can provide lucrative returns. Also TK model allows me to invest even by keeping my full time employment...
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Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...
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Hey Everyone, I hope i put this in the correct category.
I generally do not do yearly rent increases on my properties if the tenant is clean, pays on time, and is overall a good tenant. I might raise 2% every 2-3 ye...
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Dear BP community, I recently bought and rehabbed my first rental, we left it in great shape and its ready to rent. The property is in a nice neighborhood and a good school district. But unfortunately, we are struggli...