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Is my debt to income ratio effected if I live in a house hack with rents?EXAMPLE: $1932 monthly PITI with $2000 in monthly rent.Do lenders look at this as a wash? Or do I still have a $1932 + Debt.
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I want to expand the master bathroom shower, but if I do I will be reducing the guest bathroom size. Is that a good idea or should I just keep it the same? Will it reduce some value, scare off potential buyers?
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I intend to acquire a LOT of seller financed properties as a result of some of my marketing campaigns.I want my nuclear family, future children, and charitable cause to enjoy/benefit from the properties I amass.Le...
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Hi All,
Rich here and have a question I would please like the BP community help with. I have always wanted to get into real estate and possibly have my wife on board with this proposition but need to move qui...
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I own half of a duplex and the owner of the other side has walked away and the house is going to foreclosure. I did a property search and it still has the owner listed, not a bank eventhough they did put a foreclos...
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Hello BiggerPockets!I am looking at house hacking in a duplex that sits on 9 acres. The property will cashflow, its no home run, but it will produce income with the future chance of building more units on site! The ki...
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If my sister, my brother, and I are all on a deed to a property. What happens if one of us takes out a HELOC on the property? Do they have get the approval from the other two people to even get the HELOC? How will it ...
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Hello All - is there any way saving in home insurance and maintain good policy coverage. Blanket or umbrella coverage will save some $? to cover 5 and less properties at the moment.
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Hello everyone,I'm a longtime lurker of BP and have never needed to post till now.I think I might have screwed up my wife's and I's taxes for one of our rental properties.We bought it in Phoenix, Arizona in 2014 and e...
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I found out that I may have mold in the air conditioning vents in my condo, never having to deal with this before I'm at loss how to proceed with mold removal. To complicate the matter I'm putting the property for sa...