hi bigger pockets fam!i like to purchase a rental property. but i will be going into a new career field in an unrelated industry next year so i would not qualify for a conventional loan.....is there any way for me to ...
Hi folks, first time poster here :) I have a question about debt to income with multiple mortgages. When you have (or have a goal of having) multiple properties does a conventional mortgage lender still look at your ...
It is that time of year -- where we look back at what we accomplished in 2011 and wrap up our goals for 2012. Lets discuss the following:
Did you meet or exceed your goals in 2011?
What are your goals for 2012?
My wife and I have a rental that was our primary for 12 years. It is cashflowing 150 a month with 100,000 in equity.
If we took a heloc and used it for a downpayment on a new property do we count it against the cash...
Hi, my name is Bob Richardson. I am a 42 year old medical office manager, my wife and I are looking to secure some retirement income with multi family home rentals. At this point I am gathering information. I stumb...
I am looking to move out and get my first property in the next few months.I have listened to a bunch of the podcasts and i am halfway though the Beginners guide to real estate investing.My Goal is to House Hack my fir...
Hello, I am selling a condo I rent out in Silicon Valley. I will net about $250k and I would like to invest that money as a down payment into my first apartment building. Let's say the apartment I buy is $1M and I put...
Hi BP sleuths!I wanted to share this tax question here, I was hoping my accountant could help but he didn’t seem to have much advice about this. I’ve got some choices to make about depreciation on a rental property, a...
There is a nice 4 plex that I am currently looking to buy at some point that costs $510k. It's located in Atlanta and is only 50% occupied. It has 3 2bd 2bth(rent is between $2700 to $2800 a month) and 1 1bd 1bth(rent...
Greetings,
This past summer I was monitoring a townhouse that was listed under HUD website that I wanted to purchase. Of course, as an honest person with integrity, I was following the HUD rules and did not bid durin...