I'm a newbie and this would be my first project outside of my personal house. Looking to flip this first if it doesn't sell id be willing to refi and hold as a rental. House Location: UT (Im in california) I just took...
I am in negotiations for my first multifamily deal, it is a 12 unit brick apartment complex built in 1950 in rural Washington state (same town as I have another healthcare business in) current owners have done a good ...
I am wondering how many mortgages a person is allowed. When it boils down in real estate, I know leverage is key especially with rental properties. But I have heard that banks will only lend a certain number of mortga...
So, the day has come to finally figure out how much your rental property income will affect your child support payment. You won’t be surprised that many states consider that pretty penny a critical component when calc...
Hi All,Have a question for the forum and looking for some suggestions or insight on our issue. We are eager to start the REI journey and especially looking at using the BRRRR method for our first deal.I have a W2 job,...
Whats up BiggerPockets!I have a question for you all:Why do you invest in real estate?I want to hear from all the investors on here and learn what is the biggest driver for real estate investors. I think one of the b...
Short-sale approval obtained a while back... it's Friday, closing is Monday.Purchaser had something come up and now wants to buy a different property and have his "friend" slip in and close on the deal. Assuming the r...
Hello BP Community, I've read enough great opinions on REI strategies here in the Texas forum to fill the Library of Congress. Y'all are truly the best.This is a "Put Yourself in my Shoes" post... Imagine you're new t...
We're in Phoenix and have owned a rental in Oceanside for quite a few years. It's a beautiful home (in Rancho Del Oro) and hasn't been vacant a day, but we've had several issues through the years with the plumbing. We...
The short answer: Yes. There are pros and cons to both, and also key differences to consider for your financial and familial situation. Below are some key differences (in my opinion) after successfully house hacking t...