Okay, so I own one house and rent out the extra bedrooms to friends (boarder income). It seems many banks won't allow me to use my boardsers income at all on my debt to income ratio?
Are there lenders that will reco...
Today's news, Wells Fargo back to lending home loans at 3% down without FHA. Does this sound and bells? Looks like history does not repeat but definitely rhymes. In my opinion we may be entering into the final phase o...
Hey BP. Can anyone tell me where I can find historical data on the "Cost to Funds" rate that US Bank Indianapolis uses to determine their rate? Basically they offer a 5 year term amortized over 25 and then after yea...
Ok her is the situation. I purchased this single family home in North Miami Beach, FL five years ago for $120K (Cash no Mortgage) and immediately rented it to the previous owner for $1,500 per month (Aproximatley 10% ...
Hi, BiggerPockets land! I'm super excited about joining this family. I'm Paul from Prospect Hts IL, a super small suburb of Chicago. I'm a partner and general manager of a marketing print company. We specialize in d...
BRRRR sounds great! But how can I tell if my local rent market can bare a certain level of rent increase? If I update a building, how will I know people will be willing to spend a higher amount of money on rent for "b...
Hello all. We have our first house under contract with the intent to flip but I am having more difficulty than anticipated trying to find general contractors that are investor friendly. I had one tell me they don't co...
I’m located in Toledo, Ohio and just ready for some foundations to be laid and ready to work hard and build a brand. I welcome any and all in need of help with their organization, or those willing to share and assist ...
I have been thinking about starting a self directed IRA to save up for future Realestate investments. Does anyone have experience using self directed IRAs? What are the pros and cons?
Hi everyone! I am currently in the market for land where I can build a new construction (ground-up construction).
I recently read about the HomeStyle loan on BiggerPockets and wondering if anyone in Chicago has had e...