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Results (10000)
Jon Dawes Take Two! DSCR loans for newbie investor w/downpayment but maxed out DTI
11 June 2024 | 5 replies

Hello! I have (had?!) a plan to refinance our current mortgage as well as get a HELOC. Apparently our DTI
is too high for the HELOC so we can do a cash out refi but that is less
desirable because it means we canno...

Account Closed What to look for when searching for properties to flip?
21 February 2013 | 4 replies

I will start driving around an hour after work a few times a week looking for "ugly" houses in my town. I'm not really sure what I'm looking for, or what neighborhoods I should be looking in. The first time I drove ar...

Teresa Buchanan Newbie Question-rental property
7 September 2016 | 9 replies

Hi. I'm new to Biggerpockets. My intention is to buy rental income property. I live in the SF Bay Area where re is prohibitively expensive for most, including me. I own my primary residence here but was thinking about...

Julio Contreras Seller counting unpermitted studio's rent income as part of the cap rate
1 May 2015 | 11 replies

Hello BP peeps!I have a dilemma. I found a duplex in Los Angeles California that has an unpermitted studio. I noticed that the seller and agent has put the studio's income as part of the NOI. I am wondering if this is...

John C S. Hard money leanding
24 June 2015 | 9 replies

Hi everyone can someone please explain to me the difference between a hard money Leander and a privet lender. I want to acquire a down payment for a 9 unit. Thanks.

Sean H. How to go about doing a self directed IRA
14 September 2019 | 4 replies

I have heard tidbits about this, but i want to try to get a full understanding. With a self directed IRA, i have heard that it is easiest (contractually) to invest money as just a hard lender. If you begin doing any w...

Matthew Montemaro House Hacking: Los Angeles/Out-Of-State?
22 February 2020 | 7 replies

Hello! I am writing for some clarity -- I know that the LA/SoCal area is difficult to find value right now, and that house hacking is not all that likely to do here, so I've been researching other out-of-state areas. ...

Mattison Chayhitz “Analysis Paralysis” with our first deal
26 August 2020 | 8 replies

We are VERY new to the real estate community and are looking to purchase a multiunit to buy and hold.... attempt a BRRR.... just nervous to dive into a purchase that wont yield as a profitable investment. Any advice t...

Fred Derst How to judge renter credit checks results?
28 May 2014 | 13 replies

How do i judge a renters credit check results?

How do i tell a good renter from a bad one based on credit report.

Is there a minimum credit score they should be that tells me how bad they are?

Try...

Brian W. A few questions regarding the 50% rule
19 March 2013 | 7 replies

Is simply applying the 50% rule running the numbers? In other words, can I simply calculate what my P&I will be and as long as it's 50% or less of the expected rent, then the deal has potential? Can this replace...