Kent Ritter
Sponsor skin in the game or experience
For those passive investors out there, which matters more to you - That your sponsor has money in the deal or that he/she has a successful track record?
Shera Ewing
Do People Rent To Own Anymore?
I had thought about doing this but wasn't quite sure if it's a legit thing to do? Do people still do this or is it more of a scam? I would like to know the pros and cons please.
Jason Clemens
Looking to Expand into STR from LTR
New to the forums thanks for the input everyone...I've had a long term rental in Minneapolis the last 11 years that we do good on (make roughly $600/month) but always seem to struggle with renters. We have well over ...
Nathan Gesner
Mortgage foreclosure, $400,000 in state/federal tax liens
We rarely have foreclosures in my area and there's never enough meat on the bones. I finally saw one that looks promising, but it looks less promising now that I've researched it.ARV is $400,000, house is standing and...
Paul Spangler
Can someone confirm the 85% gross rent rule for FHA loans?
I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...
Brandon Ingegneri
How I made $100,000 in 11 days with a phone and a pen!
I am new to the site, and I am trying to get involved as many discussions as my experience allows me. I saw the, "Success Story" heading, and a deal from 2009 or 2010 popped right into my head. I had been involved i...
Audrius Pauliukonis
First deal (duplex), looks good I think - thoughts?
Just viewed this property today, seems like it could be a good first investment property.The property is currently unoccupied, advertised as 1295/unit, I used 1200 to hedge a little. It is listed for sale at 199k, I ...
Cindy McHugh
How do I get a LA to return my call?
My Mom has been trying to buy a home in Orlando FL for some time without success. She had a buyer's agent, but kept missing out to "in-house" offers. I've purchased several homes elsewhere and always had better luck w...
Abhishek Banerjee
Househacking in the Bay Area
Hi all,
Long term BP member but infrequent poster. I currently rent in SF (SoMa) but starting to consider a MF purchase in Q1 using a FHA loan. The idea would be to move into one unit while renting the other(s). I do...
Ali Boone
Calling all the Pilots on BiggerPockets!
Where are all the pilots on here?! I know you are out there because a lot of you message me. I'd love to connect with all the pilots I haven't heard from though, and I think it is a really fun little niche of the Bigg...