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Hello All:
I'm interested in purchasing my first multi-family property in the Boston area using VA financing. While I'm aware of the basic rules/parameters in place for these loans (i.e 4-unit max, jumbo loan ceiling...
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Hey everyone. Ron Johnson here (not the senator, not the CEO), 28 years old. I'm a newbie down in Georgia still in the process of doing my homework although I'm close to jumping in. Still have a few areas where I'm...
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After years of searching and dreaming, I found the perfect cabin for my first vacation rental. It needs water and septic, but that's no big deal because people put in wells and septic all the time! Then my lender me...
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Hey everyone, I am working on an off market probate deal in Paso Robles, CA. The numbers are a bit tight and I need some advice on what to do with the pool. The house is in a lower income neighborhood with an ARV of...
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I have a situation I haven't dealt with yet. One of my inherited tenants who've lived in the unit for 4 years paying $550/mo just broke up with his girlfriend. I've owned the building for 6 mo and we've never had an i...
Hello REI,
I currently own a home in Modesto (VA loan @ 4.6%). I've been living here for 2 years and would like to start investing in real estate. My dilemma is that my mortgage payment is $3100 and the max rent I'v...
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Hello Bigger Pockets Forums!
If anyone can help, I'm looking for an attorney & CPA to help with building my corporate structure properly. I just sold my first flip, closed end of Jan, and finishing up my second ...
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I have 7 mortgage loans in my name of which my wife is on 2. I've been told that someone could have up to 10 mortgages as long as:
1) The DTI at time of application is below the lender's threshold.
2) I keep 6 mon...
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I am itching to try a multi now that I have done a few SFH. And debating between duplex/triplex/quad vs 5-15 units multi. I hear commercial 5+ is not good nowadays. Any opinions? Any gurus willing to explain what is b...
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Hello Bigger Pockets! I live in the Bay Area and I'm looking to move out of my parent's place soon. I've saved about 2 years of wages, roughly 120k, and for my first step into real estate investing, I've been thinking...