Danny Van
First time making rental in Warren, Michigan. Any advice?
Hey guys,I live in Warren, Michigan. I am looking to make my home a rental within the next year. I wanted to reach out to see if anyone had any advice, strategies, etc. on my first-time rental in Michigan. I know of s...
Joshua Friscia
Experience using a 203k loan
Hello Connecticut BiggerPockets Community!I am just getting started on the journey to buying my first property/investment. I'd like to take advantage of a 203k loan to buy a 2-4 unit multifamily as a house hack so I c...
Jason Wright
Pre-approval for an FHA 203(k) loan or a USDA loan?
Hello BP!This is my first post in the BiggerPockets forums - I searched through the database and didn't find an answer to this question yet, but forgive me if I overlooked it somewhere. I am currently going through my...
Tanee Gosinanonth
1st multi VA, 2nd multi FHA? Is it possible,
Hi, I bought a 3 family last September with a VA loan and am now ready to purchase a 2nd one. I'm planning on moving out and living in the next multi, however I would like to use an FHA loan.I called a few brokers and...
Dione Branch
Experiencing a few bump and bruises
Hello, my name is Dione Branch. I am a Realtor and Investor in Chicago. I've been working with multiple investors and felt it was now time to start myself. The first property we ( my family and I) purchased was...
Andrew Goduco
HELOC loan from family member - CPA Welcome
Hi BP,I’ve been looking into creative ways of raising private capital and through my research one possible option I landed on was to have a family member (my Mom) take out a HELOC on her primary residence (she has ~ 9...
Strat V.
Newbie from NY
Hello all. I am hoping to network with real estate investors and learn what works in this current market. I have rebooted my real estate investing business and will focus on wholesale and rehab first, then buy and hol...
Kevin Howard
Best Practice For Collecting Rent
Hello BiggerPockets, I have a question in regards to collecting rent... I own a handful of rentals and find myself wasting time between the 1st-5th of every month collecting and depositing rent. We've always had the t...
Aaron Bry
Refinancing out of FHA to eliminate PMI
Hi guys. Most of you may not know me, so here is a quick backround:I am 22 years old and just purchased my first home at the beginning of 2016 (Our current residence) with my older brother.We financed through FHA at 3...
Kristy Farmer
Using rooms for rent in qualifying income - Possible?
Is there any way to count a room in a 4/2 house towards DTI on a future purchase? I'm sure I already know the answer to this question and I'm going to owner occupy one room and rent 3 out LTR. My DTI ratio is high b...