Kevin Wang
How to verify income for self-employed? First time landlord needs help!
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
Ken Rishel
Lonnie Deals - Then and Now - The original method won't work
First of all, I believe Lonnie Scruggs, was a great man who, while he did charge for his knowledge, made a whole lot of people a whole lot of money. I would never try to take that away from him.
Second, throu...
Joshua Dorkin
Zillow & Appraisals - Novelty or Professional Valuation?
Hey everyone. I wanted to bring up a recent news story to see what your thoughts are. I reported on our blog yesterday a story, Zillow Banned in Arizona by Regulators. Is the Novelty Wearing Off? where the mega corp...
Chris Clothier
Are Appraisers Hurting Real Estate Values?
I wrote an article for the BP Blog asking a question about real estate appraisers and what role they are playing in holding down real estate values: http://www.biggerpockets.com/renewsblog/2012/07/18/are-appraisers-pa...
Adam Tafel
another "poor millennial can't afford a house" article, critiqued
Article:https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000?mod=e2fb&fbclid=IwAR2XL4axyaQpo43fAkn_Q_fWBU3GiHJ9_K6t5c8G6rMnPCfed1KBBXIVhToResponse:Let me set the scene to save yo...
Corey Westermann
Your thoughts on Rent to Own w/ Home Partners of America (formerly Hyperion)
I have a close friend whose realtor has convinced him to apply for Home Partner of America's rent to own program. I believe this company used to be Hyperion Homes.He asked what I thought - I told him I had no idea. ...
Clay Manship
Diary of an FHA 203k Loan Deal
Hello BiggerPockets family!Well, it's official. After a lengthy process, I have finally put my first personal residence under contract. It is a 4-unit apartment building, which will allow me to utilize FHA 203k financ...
Jesse Flores
No income but plenty of assets and can't qualify for a 198K loan
Hi BiggerPockets,
I am looking to buy a duplex for $198K plus minimal closing costs. Income is $750 per unit or $1,500 per month. I wanted to get a loan with 25 % down payment. I have already put in a bid for the ...
Abdi Muya
In desperate need of guidance
I first joined bp nearly a year ago as a way to just start and see what I can learn. I had plenty of questions with no real plan in mind or even resources for that matter. Since then, I’ve basically stayed off the web...
Alex Varner
Contractor requesting 50% Upfront
Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...