If you were to buy a multifamily unit to live in one unit and rent out the others, but it was split first floor/second floor. Would you choose to live in the top or bottom and what factors would influence your decision?
Hello all, I am a newbie wholesaler and I am in the process of working on my first deal! Math has never been my strong suit so I am trying to be meticulous in my research and calculations. Please please PLEASE let me ...
Hello everyone,I am currently trying to decide the best way to approach buying a 2-4 unit property. It will be owner occupied for a minimum of a year and i currently own my own condo which i will rent out so the multi...
What if your debt to income ratio is too high and you cannot get a loan from a bank. If you get a loan from a private lender and then when you go to get a cash out refinance on a rental property can you run into issue...
Hello all,
I'm looking for advice on which insurance policies I need for my flips and which policies should fall onto my general contractor. On my past flips, I have done a builder's risk policy (very expensive) and ...
My mom is getting older and a two-story home is less than ideal. She rents off of another family member and somehow I'm the one who fixes everything that goes wrong at the place. I installed new flooring in entire fir...
A current property that I am looking at has an enclosed kitchen. The unit is in good condition otherwise and does not justify full rehab. Lets say median two bedroom rents in the area are $1200 with an open concept ...
Hi BP,
I am looking into a property that was abandoned for a while and was just listed on the market. It's in a very nice neighborhood but it's in a corner lot on a Main Street. It clearly needs some rehab but what h...
Hello Bigger Pockets' Investors,I am starting real estate investing as a wholesaler. I am slightly overwhelmed because I hear a lot of seasoned investors say learn your market. I believe it is a vague statement. What ...
Hey BP! I’m a recent college grad with some real estate sales experience. Moving to a new area to work a steady W-2 job in Midland, MI area. Lenders can use college transcripts plus employee agreement in place of 2 ye...