I'm in the process of closing on two duplex's on one lot. I'll be owner-occupying one unit for the first year of the mortgage, and plan to move out and rent all 4 units thereafter. I'm required to have insurance on th...
I am straight out of college and interested in purchasing my first rental property within the year. I was wondering what expenses do I need to expect? I know some of the more obvious ones such as mortgage, insurance, ...
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*This link comes directly from our calculators, based on information input by the member who posted.I will be purchasing this property using a hard money loan that provi...
I currently have one rental property so obviously it's been easy to manage the financials. I only have one account. However I came across some money and I'm about to really grow my portfolio. My lender doesn't escrow ...
Hello Bigger Pockets!
I'm excited to share some insights about commercial multifamily investing in Mobile, Alabama.
1. Market Analysis: Mobile, AL has a promising market for commercial multifamily properties. The ci...
I'm currently looking to purchase a second home. It's a good deal and my wife and I are looking at a debt to income ratio of 44%. My question is, will we be able to get another home loan if our debt to income ration i...
Strictly looking at it from a cash flow basis and assuming it needs no major repairs. What would you pay for a 2 unit that collects $2,400 in rents. I am just looking for a 30,000 foot offering price. Not the lowest o...
So I just sat with a friend who spent his career (decades) as a commercial bank loan officer, mostly in real estate, with a retirement career as an independent bank auditor. Together we looked at three DST from three ...
I started this business around 5 years ago and 2 years ago brought in an unsalaried partner. My partner Kevin has an equity stake in all of my businesses now:Biz #1, he has 15%. This company has around 15 rental prope...
Hello, I currently use a combination of Cozy and bank statements for accounting for 13 units (mostly SFR) I currently have, but am looking for suggestions on what may be best moving forward with a growing portfolio.I ...