Is it true that 6 months of mortgage payments is needed as an emergency fund before the closing of your loan on a multi-family property? If so, is there any way around this requirement? Is this requirement for every l...
Hello everyone, my name is Alejandro and I am new to the bigger pockets community. I'am going out of my comfort zone and asking for guidance to becoming a real estate investor! I have been wanting to buy an investment...
Hello everyone, I'm a newbie investor looking forward to get started with my real estate journey. To be clear, I'm not looking for cash investors, hand-outs, or someone to do all my dirty work, I'm a very hard-worker...
I’m new to Bigger Pockets. I’ve been spending the last 3 months researching and falling in love with real estate. I’m just putting myself out there to try and connect with other people who share in my interests.
My ...
I became interested in REI when I read a Carlton Sheets course in college then came, “Rich Dad, Poor Dad”. Things really stuck for me when I got involved with a forum out of Baltimore, Maryland called flippinghomes.c...
My brother in law is trying to find a way into his first home that he wants to live in and cash flow. However his situation is a tad un-ortodox.
Positives:
Has 83k savedThis will be his first homeMakes around 110k p...
Hi all,I have been exploring this forum after somebody recommended me and I must say that you people are super helpful and knowledgeable. We, a family of 4, are relocating to Maryland and currently looking into house ...
Hey everyone, so I thought I was ready to buy a house but im a little lost. Here’s my situation. Currently I am averaging about $8-$10k a month with my part time job and my business in total. I write off everything I ...
I'm going to convert garage into a mother-in-law suite, granny flat, etc. (ADU's). How much are you paying to have someone (architect, draftsman, etc.) to draw up a set of plans (blue-prints) to submit to the City? ...
The following is not legal advice.
Having read numerous horror stories here on BP about failed projects and lost money due to less-than-honorable contractors, I feel compelled to try to provide some guidance to those...