I am almost ready to purchase my first rental. The way I am doing this is by putting a mortgage or ELOC on a piece of property. I believe that I should be able to get between $126K to $157K. Now here is the question, ...

Is there a "rule of thumb" regarding a ratio of income you should get from a rental property versus how much a mortgage payment is on that property.  Obviously you are in it to make money, but is there a criteria that...

Sometimes, what you think might be a "deal," just might not be. Or you over-analyze a deal until you talk yourself out of it. Maybe that's where I am on this deal. So I'd like some advice from experienced BP'ers in th...

I am planning to use my home equity line of credit that I received on my primary residence to put a down payment on a rental property. During the application process for the HELOC, I told the bank that I would be usin...

My husband and I are looking to purchase a home at a price of $65000 or less (low market values in our area, and we are open to some fixer uppers). Our credit is not good due to a layoff about 3 years ago that devast...

Hi everyone! My name is Ari. I am new to Bigger Pockets and new to real estate! I found the podcast and haven’t stopped listening once I started! I have a general question. I bought my home in 2013 for $165,000.00. I ...

I’ve built up an equity position of about 400k spread across 5 different properties in a low appreciation but decent cash flow area. And I’ve also built up about 200k for my next deal. Would it be wiser to sell those ...

Hello, I’m having trouble wrapping my head around a creative way to borrow money and refinance to pay that person back. Back story is, I’ve done the unthinkable and relocated with no housing or employment lined up, ho...

New member and fairly new licensed contractor looking for advice. I'm almost finished with my first flip. Another property has become available that I'm interested in flipping, but I don't have the cash for the down p...

Good night everyone. A little late to be posting but wanted to get some of those mid-night thoughts flowing. My wife and I currently have a great house that has the almighty low interest rate of 3.5%. Now the house is...