I currently own one rental property. A one bedroom condo.I want to buy a second property, but my debt to income ratio is terrible due to student loans that I am slowly paying off. While banks do love my great credit s...
Hello everyone,My name is Juan and my wife and I have been wanting to get started in real estate for the last 5 years but due to moving have never taken action. I am close to retiring and I think it's time to get rol...
Hi All. My name is Peronne. I am new to the site and even newer to REI. Really looking forward to learning and networking and eventually being able to give back and share my 2 cents as I grow.Excited about my potential!
When you refinance and take money out of your property its not a second mortgage on the property right? It just adds to the loan your originally already had? Please help me understand this.
David Evans
The demand for apartment buildings in many owners’ minds may lead them to believing that they can save money by selling their property without using a commercial real estate broker, especially if they are...
Can I create an "operating LLC," keep the house in my personal name AND still be protected? I ask because I just purchased a property in Austin, TX. In TX, we don't pay income tax. We pay property tax. To protect home...
Hello Everyone! Hope you're all doing well! I just began my journey as a REI and I wanted to get some insight on something I thought was a bit odd. Are sellers motivated by the buyer's down payment amount?
A really ...
Hi All,
My husband and I are new investors. We have set up our Self-Directed IRA account and we are ready to go. The "frustrations," if you will, are abundant and we need some experienced direction. For obvious reaso...
Hello again and thank you for taking time to read this post.I hear a lot about other investors going out of state to find their next deal. I've never gone anywhere other than the county I currently live in which is Be...
Hi, I am new to real state business, I leave in California, and I want invest in rental property, so I am learning all the way through BiggerPockets, podcast, forum and books. Since I am remote worker, I can invest pr...