I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".

I think a more useful metric would...

Hi, I am seeking to invest in my first, single or small multi-family property in a location that I would not be living in. I'm wondering if anyone knows of a way to obtain financing with low money down (< 10%) that...

How to Spot the Difference
Upfront Fees. Large upfront fees in the amount of $5,000 that will be “credited back to you at closing” are a red flag. There’s no need for a fee that high and typically those deals never c...

Hi all,Had a tenant request to temporarily move in her sister and what the process was for doing that. The apartment is in Rhode Island and  3 bedroom apartment. I have two adult parents living there plus 4 children, ...

Hey everyone, first time poster here.

I'm interested in putting some money to work in one or two modest properties just to get my feet wet. I plan on starting a new LLC to do this.

However, I've read about a 2 doze...

I have two tenants that have lived in my property for more than the 2 years I've owned it. They've yet to officially sign my leases and being as though I'm a bit on the relaxed side, I haven't made a big deal or when ...

I am looking to use hard money with my first BRRRR in the upcoming months and I have questions regarding obtaining financing. Once you're able to secure a hard money loan, and want to "buy and hold" the property, if y...

Hello B.P community, my name is Hector. I am fairly new to Bigger Pockets and the whole real estate business. My wife and I, are in search of our first home, in which we will house hack. We are looking at multifamily,...

I’m trying to find a lender that will allow me to use the HELOC on my primary as a down payment for a new investment. Also, would a 203k loan be an option if I’m using credit to obtain the property?

Your goals and story: Currently have 1 rental property (2 units), looking to get another during Winter
Type of property: Multi family
Location of property: TN
Purpose of financing: For downpayment on conventional l...