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Is a bank that does portfolio lending considered to service their own debt and one that sells their mortgages off to Fannie is not?I see the benefits of a local portfolio lender all the way so Ive been calling around ...
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Hi,I'm new to biggerpockets so this is my first post! I'm very inspired by all of the success stories and advice on here. I have a few rental properties in California and am looking at changing direction and investin...
Hello, I have been an investor in short term rentals for 7 years, but this is my first post. My wife and I have 5 vacation rental homes that I market on VRBO, and my wife and I manage exclusively. We have a great te...
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I am trying to find my first rental but in order for it work it has to meet seemingly impossible criteria.
Here is what I am looking for:
SFR, 1600-2000sqf, 3bdr, 2+bth, 2 car garage, built after 1985.
...
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I have been reading a ton of material (including Bigger Pockets books!) on real estate investing to educate myself before purchasing my first property.I've been scanning the MLS and been in contact with my agent for t...
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Hello! I have (had?!) a plan to refinance our current mortgage as well as get a HELOC. Apparently our DTI
is too high for the HELOC so we can do a cash out refi but that is less
desirable because it means we canno...
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Not sure if this is the right place to ask...
I'm trying to structure a business proposal for a private lender and I'm having trouble running the numbers.
This is from an article I read on another investment forum...
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Since the last quarter of 2018 up until now, I've noticed a "gold rush" type investor boom going on in Memphis. I primarily wholesale to TK and OOS so I'm on the front lines of this rush and while it has boosted busi...
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I am interested in becoming a real estate investor but have been advised by my CPA that as a non pro, the tax dedications such as depreciation, losses, etc.
I do have a full time job and so does my spouse.
The 750...
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I've recently been listening to a lot of different content about RE and heavily considering jumping into the short/long rental game. With that being said I don't particularly like the idea of smaller multifamily, the ...