Hunter Byler
Quicken loans 2% grant first home buyer
Has anyone ever heard of quicken loans giving the buyer a 2% grant to use towards a down payment?
This is for first home buyers and you have to take a first home buyer course online and have a FICO score of 680+.
...
Nathan Scott
How do you come up with a percentage for vacancies
Hey everybody! Just a quick question for you guys. I’m looking at a property that has 5 units. It’s monthly income is $2,475. Asking price is 150k. I like that it’s well above the 1% rule. I’m still waiting to get the...
Buck Dabill
Old Hotel into apartments, Should I buy?
I have an opportunity to buy an old hotel built in 1952 which has been vacant for 30 years. it is a 42 room hotel on one level 13,000 sq ft. Cost looks like 30k. repairs are estimated to be 850,000. we plan on turnin...
Eric Fernwood
Las Vegas Rental Trends
Publicly available rental information is limited and too general to be useful. I developed software to extract rental data from the MLS for our specific property profile and target areas. I thought it would be helpful...
Brandon Burch
Is it worth refinancing a long-term rental to gain a point on the interest rate?
I currently have one investment property in Fort Wayne, IN. This is a single family home and was originally a primary residence before turning it into an long-term rental.Some strategies I'm considering to grow my por...
David Gogs
Have your parameters for new purchases changed in 2023?
In the last two years, home prices have gone up 30-40% in my area and rates are at 7-8%+. It seems like the only options are to either sit on cash and wait, or buy using different parameters than in the past.
I used ...
Taylor Holden
How to figure out if a property is mismanaged vs. not profitable
Hey guys, I’m newer to bigger pockets but have been running my own home as a rental for 2 years now. I thoroughly enjoy it. I’m looking to branch out and become more profitable in the passive income business. So I’m c...
Jessa Batylin
HELOC or Hard Money Loan
Hi BP’s- new to investing but not a complete newbie. A little background:Both my husband and I have been in construction for 20+ years, both licensed GC’s, hubby is a licensed plumber. Both self employed.
Not sure wh...
Paulo Silva
Scranton,PA rental portfolio
Hello All, Trying to figure out if Scranton. PA is an investment boom or bust, looking to buy properties for a long term rental portfolio saw a few interesting 6-7 unit buildings anything I should look out for???Appre...
Tomas Saenz
Down Payment Assistance programs
Hello Bigger Pockets community! I am looking to purchase my second property in the upcoming months. I am curious to see if down payment assistance programs are any good? I have read a few previous posts explaining tha...