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I currently have two properties - 1 SFH w/ conventional loan and 1 duplex w/ FHA loan. Both were originally acquired as personal/owner occupant properties but are now being used as short-term rentals. Original goal ...
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Let me preface this with I am a newbie investor having only one SFR but found a small apartment complex that seems to be a good buy and seeking any advice I can get. It is not local to me but could drive to get eyes o...
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Ok, so this is my first analysis, so bear with me. If this should have been in the Starting forum, I apologize
Purchase price: $170,000
Gross rents: $2170 per month.
Principal + Interest: -$689. (20% down. 30 year...
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Most lenders I'm seeing are offering 80% LTV for for multifamily financing. I have a property that will appraise for about 1.8 million and I can buy from bank at 1.3 million. Will the ltv be used or will they apply th...
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Hello, I am looking to get some direction on the possibility of one of the loan programs geared at larger multifamily units such as HUD Fannie or Freddie that are usually used for larger multifamily properties, but f...
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Good Evening everyone. isn't bigger pockets the best thing to come around for newbie real estate investors almost feels like I am cheating,,, so many good people with good information.wish I would have found it soone...
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Hi all -I recently hired a bookkeeper to setup Quickbooks for me for my rental business. She entered 8 months of transactions for me and told me that for mortgage payments, she created a category of "Unallocated mort...
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We require all adults in the household to have a minimum of 650 as their credit score. I had a young couple see the house and they are interested in moving forward with the application process. However, the guy says h...
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I've been modeling out tons of deals over the past month and refining my model (I'm a newbie and have made a couple offers, but nothing that has stuck yet - fingers crossed on one I'm negotiating price with now). I ha...
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Hello BiggerPockets Community!I am just starting out with my Real Estate journey. For me to start making moves in investing, I am willing to get in with a partner in purchasing a multi-family property. I have been giv...