Mateo Way
Real Estate investing in Portugal
Greetings BP family! Im new to BP and wanted to introduce myself. I’m Mateo Way and I am new to real estate investing. Im currently working towards getting into my first house hack in the Richmond, VA area at the end ...
Steve Cheslock
Newbie - All advice welcome on possible deal.
Hello, I'm going to be a first time home owner and planning on purchasing soon. Based on my income I am pre-approved for an FHA loan of $325K. Mortgage broker at the bank said he can get me a standard 203K loan and ...
Mariah Klemp
Basic Tenant Qualfications
What are your baseline qualifications for a tenant? Do you find pre screening tenants with a few standard questions turns people away?If a tenant has NO credit - would you consider them?
Adam Loos
Insurance liability and existing tenants.
So I have a house that I purchased middle of November this year. It's in really rough shape but currently has tenants. It's an extremely small market and the tenants have like 5 kids, so there's not many places for th...
Jacob Mack
Medium term rentals in San Antonio, Texas?
Hello all, I have a property in the Beacon Hill neighborhood of San Antonio that my wife and I bought in the spring. Our goal was to flip it, but after hitting more than a couple roadblocks along the way and with the ...
Lynn Z
ARM Conversion Pitfalls
has anyone had experience of converting an ARM to a fixed rate? Number 1, there were questions as to my new address (which I had updated at their prompting when I drafted my mortgage payment); whether or not I still ...
Blaise Bevilacqua
What would you do? [First Time Hacker]
My wife and I are new to the REI world and are currently renting in NYC. Our lease is up in September 2024 and want to begin our house hacking journey. We're thinking of FL as the first place for us with a long-term g...
Nicholas R Foster
Condo as my first investment property in the Chicago suburban market ?
Hello BP Family!!!
I am 24 years old and am currently at the point financially to where I can get started on pursuing my first investment property. I’ve recently gotten pre approved for a MPP of $200,000, my initia...
Steve Ford
LLPA? Points Requirements?
I'm under contract on my first property (thanks BiggerPockets community). My lender just told me that 2nd home liens are required to pay points. I got the impression it was a Fannie thing, not an individual investor t...
Bryan P.
What is a balloon? Note?
What is a "balloon" payment (financing) that alot of you talk about?
Also-what is a note? I read a post about a seller wanting to sell using owner financing and then selling the note to another investor. I have no ...