Jason Perry
Rent Reduction as Charitable Contribution
We have been contacted by a priest who is working with a family that is in desperate need of a place to live. If we give them a huge reduction in rent from the amount we would charge, is that tax deductible as a chari...
Andrew Bissada
Multiple Homes = Multiple mortgages .. how to afford multiple?
I was thinking about whether I would prefer to do a higher down payment on my first purchase so that my monthly mortgage payment is lower, or to do a lower down payment so I can save for a second home in another year ...
Matthew Gangi
Am I missing something?
I've been practicing calculations on properties on the Marketplace here on BP, and it seems like a ton of them are cash flowing very well. Why aren't people buying these properties? Am I missing a certain aspect looki...
Charles A Munk
How to you value non-permitted additions life remodeled garages?
Hey Biggerpockets, I just evaluated a 3/2 SFH (1,350 sq ft) with ARV of 230k. The garage was converted into a family room. It was an not permitted but it was done well. Should I count this in the sq. footage when a...
Account Closed
Queens REI investor Meetup
Does anyone know where there is a monthly Meetup for investors in Queens? If not we can start one.
Steve Baldwin
Columbus Ohio BP Meetup
Hello friends! We have had a lot of success with meetups in the past and would like to fire up a new network group in Columbus Oh!
We would center each meetup with a strategy session and rotating guests.....sandwiche...
Dyanne C.
High DTI - 30k Cash
Hi everyone,I have a mortgage on my primary home for about 90k and it is worth about 110k. I only put 5% down because I wanted to hold on to the cash for future investments, it's luckily appreciated a bit which is how...
Brent Langlois
Overcome Debt to Income (DTI) Ratio
I'm looking to acquire my second rental property and I'd like to use conventional financing, however it's looking like I'm going to hit a road block with a high DTI. Curios to hear how investors have overcome their hi...
Easton Hill
How will lenders view the mortgage on my 1st house when trying to by my 2nd house?
Hi Folks, I am looking to move out of my first house and convert it into a rental and purchase a new home in a new city were I will be moving for a new project. House#1(Current residence): Value - $350-380 w/ 230k in ...
Andrew Threet
Lending in DFW area
Hello everyone,I'm currently house hacking in the DFW area and looking to acquire my next property by house hacking the next. When I got this 1st property I was working full time and was able to do a primary conventio...