Will building a real estate porfolio of positive cash flowing properties lower my debt to income ratio? And thereby limit my ability to purchase a $1,000,000 2nd home?
I own a primary and 3 positive cash flowing ren...
Hi everyone,
I'm looking to purchase my first investment property (apartment in condo building) in either Manhattan or Brooklyn. I am just wondering what kind of GRM i should expect in such a competitive market? I h...
I know that usually when you buy a foreclosure for rehab, you are getting a good deal. My question is that if I buy a place and rehab it for 50% of the ARV and get a refinance, should my NOI still give me a positive c...
I've been a longtime lurker, but this is my first venture and post, really need help/advice.I've been under contract to purchase a 2 flat in the Jeff/Portage Park neighborhood of Chicago, it was a not approved short s...
We are moving out of our primary SFH (bought 6 years ago) in the Campbell area, and are deciding between selling it or letting it out for rent (fully managed by a third party ~ 7% fee). Given that the we have had doub...
Hello BP,
First time poster! We are a military family that has picked up a few rental properties along the way. Our area was recently affected by Hurricane Michael and demand for housing SKYROCKETED!!! I previously h...
Hi, I am interested in purchasing a MFH and this will be my first MFH. Looking at 15-25 units, purchase price of 1-1.5M, Property Class B or C (prefer B). I live in Portland, but open to buying MFH in other locations....
Hello, does anyone know if Minnesota is wholesaler friendly state. I read in a blog post that some states are cracking down on wholesalers. Any advise is greatly appreciated.
Hello All,I am new to BiggerPockets and this is my first post. My question to those experienced investors our there is: If someone happened to give you 100K, what would you do with it? Thanks!-Chris
I would like all the senior people that post at BP to put up their best quotes to keep them going every day especially with disappointing circumstances , as an illness, a death , A deal that goes really wrong , A busi...