John Patterson
How to buy more rental properties with debt to income limited out
My current situation:1 primary, 5 rentals, no additional debt, heloc out (invested in one of the rentals), and cash to buy more, but at 43% debt to income. I am looking for a solution where I can buy more rentals. I...
Brendan Finney
Buying 4-unit Rental Property with 3.5% down
Hello, I am 23yrs old & currently saving money to purchase my first rental property using an FHA loan. I have a few years to go but I have been doing research for a few months now and want to be fully prepared bef...
Barshay Graves
203k Streamline Loan
Any advice on purchasing an investment with this loan? Horror stories, success stories??
Kacey W
1031 Exchange into Partnership?
Hello,
Can a person take 1031 exchange monies and partner with another investor on a like property? If so, how would this look and be set up? Say I have $100k to 1031 and want to buy a property with a partner that al...
Jason Wutzke
Who Should Create My LLC and How Much Should I Pay
I'm trying to decide how to create my LLC. I am looking at 3 different options.1. I have spoken to 3 different Real Estate Attorneys in my area (Menifee, Ca.) who want to charge $1,100-$1,800 + Ca. fees to create a ba...
Katherine S.
Pays late every single time, driving me crazy
We have a tenant in one of our SFH, moved in last December, and has paid late EVERY SINGLE TIME (with the exception of the first month.) He pays the $50 late fee without complaint. He asked to move his pay date from...
Armand Aguillon
Australian investing in US properties
Hi,My name is Armand and I live in Queensland. I am an Australian who currently buys US investment properties and am hoping to connect with like minded Aussies who are currently investing (or living) in US and/or loo...
Kole Kingslien
The Flow of Money in relation to Rental Properties
Hello BiggerPockets community,I have titled this post "The Flow of Money", so it does not get confused with the term "Cash Flow". I have just purchased my first rental property, and am trying to understand how the mon...
John Underwood
Pigeon Forge area market report
Saw this from a Realtor in the area:Understand a large portion of this market is STR's. The market is on the move with a median sold price of $576,500 and a 5.41 Months Supply of inventory. ______________________First...
Ilya V.
Mortgage Financing for a Multi-Family - based on equity or income?
Hi everyone,I have heard two different things regarding obtaining bank financing for a Multi-Family property (larger than 4 units). One is that the bank will finance you based on the income that the property will gene...