Hi officially my first post :-). Anyone know how lenders determine the income allowed from an income producing property to determine d/i ratio ? What line on the tax returns is used, and the formula ? Also looking to...
The sellers agent is asking for a deposit to go with my offer on a property. How common is it for a cash deposit to be included with an offer on a property?
How do you know if you are overextended? I am new to real estate investing, and I have just purchased my second property. I feel like I can cover my payments every month, however I feel uneasy about the added debt. ...
Here is where I am going with this.- One book says you should say yes all the time, another says you should say no a lot.- Another book says set extraordinary, unrealistic goals, while another says you should be setti...
Just searched found and joined BP site. Very much enjoying the site.
41 year old guy - Currently - 1 year emergency fund funded. Live very frugal life style. Have a credit score of around 700. zero debt except for...
I have located a property for $8k in a small town about 30 minutes from Tulsa. It is small and needs some work which I can do fairly cheap.I also have a friend that I used to work with. She is currently paying $550/mo...
This has doubtlessly been covered all over the place, but most of the posts I've read on alternative financing apply to different situations than mine. Though my credit rating is good, I don't meet the income requirem...
what are best/different strategies for buying multiple rental props.?
Hello, Bigger Pockets people! After lurking for a few months, I figured it's time to do the official introduction. I'm looking toward retiring from my 9 to 5 job in about 10 years, and want to supplement my 401(k)/I...
Hi everyone , my name is Georgia Baker, and I am new to this site and to Real Estate Investing. I live in Santa Fe New Mexico and I am looking to network, learn and build as much as I can in this industry.
I will ap...