Austin Sanne
Can i rent my house out?? Question about owner occupancy
Ok i am just curious about the owner occupancy guidelines on a fha loan...it says you must reside in the property for atleast one year..ok ive been in the house for 4 years so im not worried about that but then i foun...
Patrick Philip
What prices should I charge my handyman for these jobs?
I am about to do my first house flip. I am using handymen instead of contractors for the majority of it. They are insured so that is not an issue. I am very surprised at the kinds of prices I got for handymen just by ...
Paul Ryan
New member from San Francisco, California
'ello everyone!My name is Paul-Ryan and I'm new to Bigger Pockets. I'm looking to figure out how to build a portfolio of properties to provide long-term income to eventually be able to retire. Although I live in San ...
Alexander Lloyd
NEW-B out of Winston-Salem, North Carolina!
This is Alexander Lloyd reporting live and direct out of The Piedmont Triad! I'm writing this post on my 25th birthday and my background in real estate currently is that..... I've lived IN a house before. So I loo...
Tara Doyle
Sign advertising for investor apprentice - suspicious?
Hi, everyone! This is my first post. I'm a total newbie trying to get started with real estate investing, probably flipping and rentals. From all the books, blogs and podcasts I've read/watched, it seems having a ment...
Account Closed
Buyers refusing to show proof of rental income
My first deal....fourplex. FHA. Under contract.Deal will cashflow $50/unit. Rents can be increased probably 100-125 per unit.This is acceptable to me.However, buyers refuse to show any proof of income and DD period is...
Madeline Marquardt
New Member in Vermont!
Hey everyone!I am a real estate investor-to-be located in the Burlington, Vermont area. I currently work in property management and have my home inspector license, and have recently been researching everything that ha...
Timothy Allen
Pre-paid insurance for portfolio loan
Is it typical to have to pre-paid a full year of insurance on a portfolio loan? I was told my closing cost would be 5% but after receiving the itemized list of everything included it’s more like 15%.
Zackery Smith
Mail Letter for deals
Does anyone have a good template for mailing owners of distressed house or property? I can't come up with one on my own.
Duane Hundley
Deal Or Wait
Townhouse
Purchase Price: $52,000
20% down payment $10,400
Loan amount $41,600
Hoa $60 a month
Total PITH $305 a month
Rented for $600
$3,540 net income not including any repairs or vacancy