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I'm looking at buying in an off market 4-Plex in Austin Texas using FHA financing where passing the self sufficiency test is iffy.In my calculations, 75% of the total rent covers approximately 100% of the PITI. Howeve...
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I have this Subject to off market deal in Houston, tx: Seller's Motivation: Needs to move to smaller house close to work place.ARV: $185,000Repair: $5,000pending Mortgage: $135,000Seller currently lives in property an...
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I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
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I just listed an apartment on Friday. It's in a "D" neighborhood. It's my first turnover in over 3 years (39 months) in these buildings (2 side-by-side quads). I had **13** solid, completed applications (not just vag...
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This is more of a curious question. Recently I've had the chance to speak to a couple of the "big hitters" in the mobile home park industry. As I have asked them I want to ask BP.
What are your thoughts on this marke...
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Good morning Bigger Pockets!
My family and I are moving to GA in January (I’m active duty USAF) and we are looking for a home. I stumbled across a property listed FSBO on a well-known military "yard sale" type site...
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Finally completed my first rehab project after 10 months with a partner from BP. He put in the money and I put in the work. The house was nothing more than a shell when I found it on the MLS. It had been partially dem...
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I own 8 properties with a partner and were looking for guidance:We want to find an easy way to track our spending so when tax time comes around we will know exactly what we spent rehabbing each buy and hold rental pro...
Young (20ish) couple presented as working 'wife' making 3x the 2-bedroom rent monthly, and non-working ucla grad student 'husband', recently relocated from midwest, and with no children. Employment checked out so I ac...
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My husband and I are interested in purchasing a multi-family home to live in. The idea would be to purchase a 3-4 unit home, live in one of the units for free, and rent out the other units to cover the mortgage and a...