Hi,
Background: I live in Northern Europe and I bought my first flat six years ago and have paid half of the 145k eur debt. I've rented the flat and managed to obtain a nice 300 eur monthly income after expenses incl...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/165587/small_1621420702-avatar-asilang.jpg?twic=v1/output=image&v=2)
I was running some numbers and one thing confuses me.
I've read that banks only allow people to take on a mortgage 2-2.5x their income. Rental income is added at a 75% rate.
Doesn't this limit the size ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2080434/small_1694569483-avatar-stevet231.jpg?twic=v1/output=image&v=2)
I have a new PM and wonder if its typical to the management to deposit tenant monthly rental payments on the 10th of the month instead of at very start of each month ? I find it a bit strange to get the checks that la...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/506776/small_1621479970-avatar-brandon1488.jpg?twic=v1/output=image&v=2)
Hey Guys, I've been reading some of the tips that the real estate guru @Brandon Turner has been giving and one of them is the 2% rule (The 2% rule states that your monthly rent should be approximately 2% of the purcha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2513730/small_1694654165-avatar-serenad9.jpg?twic=v1/output=image&v=2)
Hi,I am looking to house hack my first property in DFW area. The area has many homes with HOA. Should I be avoiding HOA? Or does it matter?My concern is that HOA might vote against me renting by rooms when I move out....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2600205/small_1679799407-avatar-cameronw165.jpg?twic=v1/output=image&v=2)
Hey BP community!My friend is in this situation, wanted me to ask the forums about it:When my parents bought a house many years ago, they made me co-sign because my credit score was higher than theirs. Ethics of this ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2128778/small_1695583903-avatar-melissam320.jpg?twic=v1/output=image&v=2)
Hey guys,Im looking for buy a 2-4 unit property and house hack for my first time home purchase. I need a low down payment. I will be gifted the down payment up to 10%. Looking for a property between 900,000- 1.2m. Im ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2907408/small_1703946044-avatar-chrisl1009.jpg?twic=v1/output=image&v=2)
I am 55yrs old and a new investor. Im looking for some advice about where to start given my current situation. I have virtually no income, due to my background. I do have very good credit (+800) and have about 75K ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2311632/small_1664469668-avatar-blaint1.jpg?twic=v1/output=image&v=2)
Hello all,My girlfriend and I are slowly but surely saving up to purchase our first multifamily property next year. My NACA councilor said I need approximately 26k to move forward. We've got some saved up now. I like ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2714236/small_1694931514-avatar-nicholasw272.jpg?twic=v1/output=image&v=2)
Hello, I have a question on FHA loans. Im looking to get one for my first duplex/tri or quad whichever is best deal. I have a close personal friend willing to go in on the deal with me. Is this something I can do? Do ...