Lisa Moon
Is this the new "normal"? Incredibly onerous underwriting for a rental...
I was a mortgage loan officer and an escrow officer 20-odd years ago, before the landscape shifted. I know the drill about proper documentation, etc. But the process I"m in now seems just ridiculous.Hubby and I are ...
Kole Kingslien
Beginner in need of advice
Hello, I am new to biggerpockets and new to investing, and have some questions that hopefully someone can help me answer. First, a little bit about myself. I am 22 years old, recently married, and work a full ti...
Ryan Pyle
50% rule is alive and kicking for me
I just finished my 2013 numbers and am once again amazed at the validity of the 50% rule. Here are my numbers for the past several years. The number of units is the average units held throughout the year. To be cle...
Joel Johnson
Trouble with the "2%" rule for buy and hold
Hello community,
We only own one single family home and it's the one we live in. Our goal is to create passive income through buying and holding rental properties.
I have heard on the podcasts that to be successful...
Joe Henry
Mortgage approval as a temporary employee
Are temporary full-time employees eligible for conventional, FHA or other types of home mortgages? I live in Florida, if that matters.One broker I spoke with stated he could not work with me, and that I wouldn't be ab...
James Carlson
Is Littleton legalizing Airbnb investment properties??
The city of Littleton is considering an ordinance to legalize short-term rental investments. Unlike Airbnb laws in other Denver metro cities, the draft ordinance would allow you to do an Airbnb in a non-owner-occupied...
Kyle Ott
2% rule, 50% rule and CapRate
I am new to Bigger Pockets and have been doing a lot of research for the last few months. I am starting to analyze deals (which maybe aren't really deals!). I am interested in multifamily units as they seem to me to...
Jeffrey Yates
Foreclosure has equity, but homeowner won't sell to anyone!
I found a good potential deal a few towns over from me. The bank issued a default judgement for an amount which still leaves some equity in the house, but it is set to go to auction in two weeks if the balance goe...
Pete Nater
Can a non-licensed investor legally earn a consultation fee for advising and facilitating an owner finance deal?
Hi all. Thanks for taking the time to read this. If you might share your knowledge and/or insights, I'd be especially grateful. I'm a wholesaler in the greater NYC area. I'm not licensed at this time. I've been learn...
Michael Bowie
Agricultural to Commercial Zoning
Hi BP,
I just signed a contract to buy 1.7ac on a main "artery" (I wouldn't consider it quite a highway) road.
It is four acres away from a gas station and McDonald's and a shopping center on the same road. But s...