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For an investor who is house hacking which loan option is better? Conventional or FHA. I learned that typically for FHA you can put down 3.5% but for conventional you can put down 3%. For the FHA you get charged twice...
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Three of us are planning to buy a single family home or duplex for a buy and hold plan this summer (or before). We know we most likely need to take title in our own names for mortgage purposes, but then want to transf...
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Hello Bigger Pockets,
I am coming from Alaska down to Virgina, and plan on jumping into a house hacking opportunity in Norfolk Va. Housing in Virginia is much different than Alaska as you might imagine. I am reaching...
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Does anybody currently BRRR in Oklahoma City area? I’m looking into Norman or Moore OK (home of OU). I’m in southern Ca, and looking for opportunity a bit closer to me than Ohio etc. I’m a newbie so I greatly apprecia...
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Hey all! So I am analyzing multiple possible deals for my first buy-and-hold purchase. It is exciting but nerveracking. The main piece that is causing me to stop and question is ROI vs. Cash Flow. Example:So I have...
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Hi BP!First post here. I'm a long time lurker. This community is really cool. My background... I grew up in Gainesville, FL. I worked my way through college and realized with my income I could buy a house. I boug...
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I will be renovating a basement in Chicago and kind of crunched some numbers. It looks like to replace old tile with porcelain might run me at $11 a sq ft versus lvp from flooret (assuming the floor is leveled) at aro...
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What are the long term effects going to be of the arson, looting and vandalism in downtown areas across America? Businesses were already in financial trouble. Now struggling businesses received the final blow. What ef...
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I'm considering Hawaii in particular but was wondering in the broad market as well, does the 50% rule hold true for vacation rentals? I know the expenses are different given the nature of the revolving door that vacat...
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Does a property have to be held for a certain time period or can an investment property be sold right away after purchase to qualify for 1031 tax exchange?