Hello everyone!I am a 33-year-old from Washington State working in healthcare. I love to travel, try new things, and experience new cultures. I'm excited to join this community and learn more about investing. I'm star...
Please excuse me if this is a dumb question. But how do you know what to take out every month from the bank account once the rent checks are deposited? Let’s say hypothetically the P/I is $8000, the property tax is $3...
looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
Is having a goal of owning 200 HMO's in 10 years far fetched? Or is it reasonable. Keeping in mind that I am 18 and haven't started out yet
Hey BP! So I have a couple questions to ask. I’m feeling a bit dumb honestly as I feel the answer might be pretty obvious. I’m in the middle of PCSing (Permanent Change of Station) in April to Mayport, FL and am looki...
I'm trying to buy a 4plex for $780k. FHA, owner occupied.
I have the 3.5% to put down, which is $27,000. I do not have any extra to show 3 months reserves.
I need to come up with $13k. I could back immediatel...
Here is an awesome article written by a local and well respected economist for the Colorado Springs Gazette. It's worth a read to understand why prices are not falling and why they probably won't.
Don't let interest ...
Hello, I'm new here. I've done a lot of research and even worked on running numbers for certain options (just as an exercise), but I'm now looking forward to jumping in. I'm looking at small multifamiles and won't hav...
27 year old male, 730 credit score, 40% DTI, no student/car/medical debt, first time home buyer looking for estimated max loan amount
Hello,
I understand that this is a case by case question with many variables in...
I apologize for reposting what is probably the same question. My small brain needs to apply the rent to own/lease purchase of my specific situation in order for me to understand it. I have a rental property that was n...