Hello,My Husband and I recently decided to rent out our old house when moving into a new one. We know we can absorb both mortgages if needed and will still live close by. We found tenants and they will be moving in on...
Quick question, my husband and I have stumbled upon a 12 unit deal in a great area needing some TLC. Price we have agreed to is $675,000. It appraised last year for $830,000. Has some differed maintenance but we have ...
I'm looking at am out-of-state fourplex and would like to finance it with a 30-year fixed mortgage, but the bank I've worked with for the rest of my properties only offers 20-year adjustable mortgage. Can anyone recom...
Hi - new to Bigger Pockets and RE. Looking for a live in Multi Family in Rhode Island, and came across a great option. Only issue is the 2nd unit is technically a "Legal In Law" Apt. It's in the basement and has a pri...
So I have a 64" pocket in a new 1bd cabin build that can fit an integrated vertical twin murphey bed in the living room with side dressor or a row of book shelfs + cab. My question what the best value would be between...
Hello everybody this is my first post and first wholesale deal I am working on.
The property is a SFH in a desirable area on the North Side of Chicago. Numbers are as follows.
ARV: $175,000
Repai...
They say the memory of the market is the shortest memory of all. Will banks ever go back to their ‘loose lending’ ways of the years 2005 to 2008? With more stringent banking standards imposed by the international r...
Just wanted to share, I've noticed a loosening in down payment requirements for DSCR (debt service ratio loans) that either use the actual or proposed rental income to qualify. Many lenders have investment property ex...
Are any of you using revokable trusts to get your shorts done? I've heard of a few investors using them, but I'm not sure what the advantages and disadvantages are. With the FHA seasoning limits being lifted it seem...
Wife and I are recent entrants into REI. Bought our first property last year off MLS and turned it into a BRRRR project. Now looking for our 2nd. Got a contract on a USDA foreclosure on MLS, but it's really borderl...