Hi... I need advice on my scenario so thought i'd ask on BP.
- We have a 600k mortgage on our primary residence. $4000 total monthly payment (incl insurance, util etc) after adding in a few extra bucks on top. Equity...
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I have a potential opportunity to acquire multiple properties from a single seller and wanted to get some advice from folks. This would be my first time attempting this.
The properties are 4 duplexes (8 units) that ...
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Hey guys,
I currently owner occupy a 4-unit multi-family and I'm looking to purchase and occupy another 4-unit multi-family. I'm using Fannie Mae selling guidelines to calculate my DTI, but I'm still not sure if I am...
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How would you go about hypothetically renting a 4 bedroom and a 2 bedroom cabin on the same property (approximately 100 yards away from each other ) With the overall property on several acres.
Would it be best to do...
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I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...
It's common knowledge that a basic qualification for a tenant is to show income that is 3x's the rent. However, if a husband and wife or a boyfriend or girlfriend are filling out the application, is this a joint requi...
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Hi All! I have a rental in a somewhat depressed area of North Florida. The biggest employer shut down about a year ago and 3 hurricanes (2 major) hit directly in the last year. When I listed this property last yeear ...
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I have a small single-story 1000 square-foot house that does not have air conditioning. It has baseboard heat but it would need window units for air-conditioning. The crawlspace is very open and would be easy to add d...
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Hi, is it possible to joint venture with multiple veterans? I read a few years ago that if you were purchasing a multi family on a VA loan with (for example) a total of 4 veterans you are allowed to purchase a 5 res +...
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Following recent news of Zillow acquiring Trulia, Move made a move today. Curious to see how the pros here think of this move. Would it help realtor.com be more competitive to Zillow?InPlay from Briefing.com9:03 am ...