Reese Millican
Is $50k/year gross too little to own a multi family?
Hello Fellow Investors,I make $50k/year gross. According to Nerd Wallet, I can allegedly afford a $1500/month mortgage. I want to get an owner/occupied a multi family unit in MA, no further West than Worcester (I work...
Henry Montgomery III
First Post New User BIG question
This is my first post here on bigger pockets! I have been learning about real estate investing and different niches to invest in. I have a simple question for everyone on the bigger pockets community and that is what ...
Lin Ding
Negotiate price reduction near closing (today's market)
Hi BP community I'm under contract for a couple of months now. I found this house I like in an expensive market that I'm moving to in September. FYI This 2-family I'm going to househack and rent out the rent. At that ...
Nadirah Dawson
Use Credit Cards to fund a deal
Hello Everyone! I recently used this company that got me approved for 8 credit cards that gave me a line of credit of $60K...after going to a few guru classes, they told me I could use the credit cards as "investor ca...
David Seale
Interesting Subject Property, Suffering From Analysis Paralysis
Hello BP Members! Thank you for clicking through. My fiance and I are considering purchasing a newly built duplex in Houston. Its 2200 square feet, one unit on top, one unit on bottom. Both are 3/1's. Identical layout...
Chloe Aribo
Loan Assumption + Rentals
Is acquiring properties via loan assumption a rare occurrence? Are home owners more inclined to choose a different type of deal (seller financing, subject to, etc.) over a loan assumption deal? What type of homeowners...
Jason Kang
Starting out in Los Angeles
Hi all,I live in the general Los Angeles area (probably not the ideal place to start) and I'm looking to get started in real estate. For someone like me in their early/mid 20's, would it be better to:1. Look to buy a...
Horacio Gutierrez
Fha loan for triplex
Hello,
Say I buy a triplex multifamily home with fha loan and I rent both units and I live in one and the mortgage is $5000. Then after 1 year I move out and buy sfh to living and rent the third unit in the multifami...
Matt Willison
When can I convert primary residence to AirBNB?
Purchased a primary residence home in August 2022. We are eager to begin using this property as a long term (3 months at a time) or a short term rental. What are my options for when I could begin renting out this prop...
Nick Cooper
First time investor with no experience, but passionate to start.
Hi everyone, I’ve been looking into purchasing rental properties for quite a while now and I’m hoping I’m going in the right direction with things. I’m currently 27 just got married almost 2 months ago. Me and my fath...