Tyler Coyle
Getting a Mortgage with a Commission Based Job
Hey BP,Currently, I am in a Salary position. I have never worked commission based only jobs. I am considering pursuing a job opportunity that is commission based. However, I've heard that you have to have 2 years work...
Mathieu Roegiers
Is this a good investment?
Hi all,
New to BP, and heard on one of their podcasts that you could post your investment, to get feedback on the project. Not sure this is the right place, but I'd love to know if this is a good investment (numbers...
Michael DeVane
HELOCs on Rental Properties
After extensive research on HELOCS, I found only one bank (or credit union) that offered a HELOC on rental properties. They only allow a 60% LTV and a rate of 6.125% based on prime of 3.25 plus margin of 2.875. Is th...
Michael R.
2 Unit Multi Family to Live Rent Free. Good idea or not?
I'd like to bounce this question off the forum. I'm thinking about leaving my $1,700 per month studio in Manhattan to live almost rent free in the immediate suburbs. The house in question is on for $435,000, 1,750...
Bill Ward
My rental property, how is it?
First post, just wanted to see what yall's thoughts were on this property. I'm the fell into landlord position guy. It was my residence, purchased in 2010 for $123k. I refinanced in 2017 to a 15yr mortgage, total mort...
Austin Shrigley
Student-Member from Florida State University
Hello BP family!My name is Austin Shrigley, and I am extremely excited and motivated to get my real estate investing career started. I am currently a student at Florida State University in Tallahassee, FL, where I wil...
Rachel Luoto
How does a bank calculate cap rate? Will I have instant equity?
HI BP! Does anyone know how a bank's appraiser concludes cap rate in deciding property valuation? My NOI/purchase price puts cap rate at double(!) the market cap. Will a bank use the lower market cap rate to appraise,...
Javier Manzanares
Short term rentals and appraisal gaps
Hey folks,
I'm a rookie real estate investor seriously looking to get in on a short term rental in the Kissimmee, FL market. I've analyzed many deals and made several offers and had none accepted. My current struggle...
Dominick Adolfo
New to BP from Chicago South Suburbs
Hi Everyone,
While trolling the internet I cam across Big Pockets and man was I surprised. I had no idea such a community existed and have been glued to it the last week.
I guess I'll start at the begi...
Timothy Sheets
Starting Out, Positive.
so today I resolved to begin investing in real estate. I started out positive and I'm trying to maintain that positivity. I'm hoping to make a career out of investing in real estate so that I can achieve my dream ca...