Eric Casey
FHA Mortagae/Alternatives
Hi All,For my first property I would like to take advantage of a FHA mortgage to use the low down payment option and a buy multi family to house hack. My issue is that I am locked into 9 more months of a rental lease,...
Zachary Goldman
Purchasing a property with ~15-20K. Possible?
Hi everyone,
This is my first post here, so I apologize if I've done anything incorrectly. One of my goals this year is to learn everything I can about real-estate, especially using it for passive income. I've been l...
Christina Arango
questions to ask attorney
Hi Everyone,I'm in the process of "getting all of my ducks in a row" so to speak for my first purchase. I've found a CPA and an agent that I like, and next week I'll be meeting with my attorney, contacting banks/mort...
Miguel Garcia
Do I need to be a RE agent first before opening my own brokerage?
I currently live in NYC and was curious to know if I need to be a real estate agents first before I can get a brokerage license to open my own brokerage firm? What is the process exactly to open up your own brokerage ...
Bob Romano
Should I increase rent?
I have a tenant who is coming up on her 3rd renewal in July. I have not raised her rent in 3 years because she has never been late and I very rarely hear from her. I am thinking of raising her rent 3% to cover the inc...
Aaron Putnam
Sell and relocate, stay the course, or other options?
Hi BiggerPockets! I'm new to the site and to RE investing, but have been reading everything I can get my hands on. I'd love to get some opinions on what I'm thinking.I bought a 2br/1.5ba townhouse (~1000 sf) when I ...
Ayman Elmasik
Re-finance @ 80% of the appraisal value
Hello BBer's, I have a house in Houston that is taking so long to sell and the best way to handle this now -as it appears to me- is to refinance it with a lender that can do 80% cash out based on appraisal value (not ...
Joshua H.
My First 2: New Member Introduction! Pittsburgh
Hello all!I have been away awhile developing myself along with my first purchase of 2 properties in Pittsburgh, Pennsylvania. I have done this under owner financing /land contract February 29th! After analyzing the pr...
Dan D.
What's the worst that can happen?
Just go out and buy a house on a 30 year fixed rate loan. Then rent it out for market rates.Chances are that if you can absorb the cost of the occasional repair like a water heater through your regular income, in 15 ...
John N.
SF or Duplex for an overseas owner?
I‘m in the process of buying my first SF rental on a short sale. YEAH!The quick number (based on the 1% rule of thumb) is between 1.7% - 1.9%. I’m putting the 20% down and after the mortgage, PM, tax, yadda yadda...