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Property is $179,000 for a 5 Bedroom Multi-Family home. They said the total income is $2075 for rents ( Based on a site) $2075 * 50% Rule = $1037.5 20% of 179,000 is 143,200 @ 4% interest Rate makes the Mortgage $683....
Disclaimer: I have want to start investing and have listened to many podcasts. I have not actually invested yet but want to start. I am a REA and have access to our MLS. I have heard of the 2% rule and think I underst...
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Hey BiggerPockets! This is my first post, though I've been listening to the podcast for about 2 years now. My wife and I have worked hard to save for our first investment...We've gone back and forth over the best stra...
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Hey everyone,
I’m looking for some advice. I’m currently unemployed but have managed to save up about $90k that I want to use to buy a home. The plan is to live in part of the home and rent out the other rooms to cov...
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I'm trying to figure out how the seller is coming up with their figures.What would you pay for:Multifamily in a small town, low appreciation potential, 3 commercial storefront units and 10 apartments. 8 single bedroo...
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Hi BP community! I'm looking for advice on whether I should purchase my father-in-law's 6 unit apartment in Burien, WA (10 minutes south of Seattle) as my first deal, or perhaps help find him a seller that would pay ...
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I'm curious. How many here are in the medical field in any capacity? I'm an ER doc and investor and I have lots of colleagues (in all facets) in the medical field that want to start but I only know a few who truly ...
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Hey guys,
Questions at the bottom, some background for why I am purchasing such a house at the beginning.
I am currently trying to buy a homestead and in need of a relatively quick move. For me this requires a 3/2 ...
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Hi BP community!I am getting ready to, hopefully), buy my first commercial sized apartment building this year. In preparation, I will be practicing my underwriting skills on a closed multi deal in my target area every...
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Hello,My name is Rahul. I'm a new to the Bigger Pockets community and have been getting acclimated to this site and its member’s by reading posts and listening to podcasts. So far, everything has been entertaining and...