Akeem Codner
Real Estate In Canada
Hello Everyone I’m new to this forum and new to the whole world of real estate investing. I’m interested in starting my real estate investment journey but I don’t know where to begin. For one I don’t really have much ...
Elijah Therrien
Oversize Garage or 2 Bedrooms? Overbook Student Rental Area
I recently bought a 4 bedroom/2 full bathroom row home in the Overbook area 2 blocks from Saint Joes University in Philly, PA, with a full finished basement with a third full bathroom plus garage on this level. I am p...
Karan More
2nd Home purchase but DTI is already 43%
Hello guys, I purchased a townhouse last year and planning to take another property this year. Plan is to shift in new home as primary residence and make 1st home as rental. Already my DTI is 43% as per my gross month...
Patrick Moore
Fha live in strictness
In order to get an FHA loan you must live in the property for a year. If you get a non family member to cosign for you, they also must live in the property.
My question is this, how strict are they? Do they check up...
Mannie Ijeh
Newbie and eager to learn.
Hello friends!I am new to the BP community. I've been a non-active member since registration and that's because I needed to realigned somethings to allow me to get ready and focus. Now that's done. Yay!!! So been read...
Trina Pugmire
1031 exchange? Sell triplex after only 6 months of owning it?
We purchased our triplex in April of this year for $260,000, we put $41,000 into it for the remodel. Our plan was to live in one unit (house hack) for 2-3 years and then rent out all three units for the cash flow aft...
Jim Macedon
Question About DTI Ratio
I have a condo development project I'm trying to get financed in the Austin, TX area. I'm running into two problems. The first is that the two banks I've talked to so far are looking at my own personal finances for ...
Fe Kelly
Borrow from 401k?
So my husband and I have a little chunk of money in our 401k as well as some money saved. We plan to house hack our first purchase with the BRRRR method. Should we borrow from our 401k to make up the rest of the down ...
Brian Collins
Getting around Sched. E to use rental income to boost DTI
Hello BP,I have recently been trying to pre-qualify for a mortgage on a second home. I want to find a way to get around the requirement of having rental income on Schedule E for 2 years in order to use it as income to...
Lisa P.
Ready to invest
I found Bigger Pockets about 4 days ago and have made it through 25 podcasts so far and I am pumped! We bought Carleton Sheets, took classes and have read numerous real estate books and this is the first time I truly...