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Hi BiggerPockets!I am reaching out in hopes to get some guidance in the situation I am currently in. Here is the non-detailed back-story;Purchased a new 3-family in October and inherited the tenants in the other two u...
Hello,
So, I believe these are the three things looked at by a lender.
[1] credit score
[2] debt to income ratio
[3] how much money I make a year
I can control my credit score, but I can't control my job income (to ...
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Hi BP Community,I think I found a good duplex to purchase for house hacking that works number wise. This will be my first investment so I am trying to make sure it goes well to set me up for future investments. I di...
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I have a duplex that is ready for tenants and is being advertised as such by the PM. However its been 3 weeks and not much in terms of foot traffic and applications. How long does it usually take to fill vacant units ...
Hi there,
Long time listener, first time caller ;)
I'm located in coastal Southern California. I live in an HCOL area, walking distance to the beach. I have a $250k HELOC, which I had been planning on using to build...
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Hello everyone,
before i introduce myself i like to thank everyone for the huge amount of information that everybody put together on this website. It is such a great help for someone like me who is just getting starte...
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Hi guys, I need your advise/suggestions.When and if you'd invest in syndicators deal what questions would you ask to learn more about the process and vet the syndication. Let's say I am clueless about the whole thing ...
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Hello BP Community! I’m very excited to be here! My name is Tom Pentolino and I am a newbie investor in my mid-30s located in Southern California (more specifically Rancho Cucamonga, which is based in the Inland Empir...
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Experienced in SF and small multifamily 1-4 units. Currently have 13 units across 8 buildings that i have had for 7-10 years in C areas. Appreciation since the crash has been really slow to come back and many of my pr...