DeWitt Gibson
Fannie Mae tightens lending standards on Investment Homes
We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
David Cohen
If I'm cash-flowing why does Bigger Pockets make me feel like I failed?
I just joined Bigger Pockets. I'm a buy and hold landlord with 6 properties in a middle class area of Atlanta. All are rented and rents are all $500 above PITI. So, though there's been some repairs, for the most part ...
Chris Hanisco
Single parent - Should I buy this duplex and live in half?
Hi everyone! I am totally new here, so I hope you'll excuse my newbie-ness.I am located in Southern NH (about an hour north of Boston). I've been looking to buy a home for myself and my two boys. It's been very diffic...
Chris Meunier
Pros/Cons to paying off rental property early
Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
David K.
Anyone else paying down mortgages rather than buying now?
Seems I keep getting beat on properties going for full price and more. These deals often have low returns and function solely on best case scenarios in my opinion. Anything good is snapped up quickly. At this point...
Marcus Auerbach
Thank God I had an LLC!! - Said no one ever!?
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
Kristin Whitaker
Full-Time Investors - Tell us how you quit your day jobs!
Let's face it - most of us are here because we want to make enough passive income to quit our day jobs. There's a TON of people here working towards that goal. I'm certainly not there yet, but love success stories, ...
J H
My next question - finding distressed sellers
Again, without writing a novel explaining the details and reasoning behind this (should be obvious to the experts anyways) - I want to locate properties owned by distressed sellers.
Maybe they're not even selling eit...
Jackie Sladky
How to Analyze Duplex in Minneapolis
We are in the market to buy and hold and plan to put down 25%.We have a seasonal real estate agent working with us, who is also a friend. Rent in the areas we are interested in is about $1300 – $1550 for a 2 bds/1 ba...
Andrew Eaton
High End SF Bay Area Flip - Risk-Return Opinions
I am negotiating the purchase of a well located home on the SF peninsula. As it stands, it is a 2BR 1.5BA, 1,020SF home on a 5,000 SF lot. It is currently a rental that needs some TLC.Purchase price will be approx. ...