Hi Bigger Pockets!My husband and I own a rental property in Huntsville in Madison county. It's a 4 Beds·3 Baths·1,395 Sq Ft in amazing school district, has really good tenants, and overall has been an excellent proper...
What is the most important thing that a new investor needs to know about investing in Low income areas?
I wanted to share a little bit about our moderation policies, in case there is some confusion.
The BiggerPockets Forum was established so people can have a platform to communicate with one another about real estate t...
Hi BP Bay Area community. New investor here. I am trying to figure out the best way to leverage lending to buy additional properties. I have 2 properties with lots of equity (estimated: 800K). I looked into convention...
I have a friend (and third owner of some of my rentals) who would like me to do a hard money loan to buy an REO for him to rehab and flip. He's looking for 10% interest, six month balloon (interest payable at close o...
Howdy! We own one investment property in College Station, TX (CS), home of Texas A&M University 'Gig 'Em. We currently have both our college students and one renter in that 3 br, 2 bath home. It is in an area t...
I called my mortgage loan officer yesterday to discuss lending options for my many properties in LA. I'm looking to grow my business, and I wanted to borrow using my rental homes as collateral. I have zero debt.She ...
Dear All,I'm considering purchasing a property using an interest only HELOC + Conventional loan. It is a 3-family, which after expenses should produce about $360/month (see cost analysis attached). Rents are currentl...
Hello everyone,I purchased my first property in 2012 in Clovis, NM. (Cannon AFB) For four years I had two roommates whose rent payments funded 95% of my mortgage.In 2016 I PCS'd to Florida and I've had my house rented...
Hi, I just put a unit for rent on the market. I have received about 60 applicants in less than a week. Is my rent too low or is that average?