Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
I'm new to bigger pockets and would like advice on what steps I should take next. I am a new engineer making 76k/yr start. My wife is a psych tech making 45k/yr. Credit score 800.We started out with our first purchase...
Have a rental that is currently at a rate of 7.6% 30yr fixed with PITI/mth of $975. Right now it is break even cash flow. Rents in that area range from $950 to $1150. I am attempting to refi under HARP which allows 1...
Is it a bad idea to invest in properties where you would be able to collect rent that is equal or a little less than your mortgage payment? Or does anyone have a rule of thumb on how much profit they typically expect ...
Hello all. I was wondering if anyone could please help me. I am wanting to start investing. I found a great deal on a home that's going to auction. What is the process for purchasing a home at an auction? Are there fe...
I have friends and family that have asked me about investing in real estate because they have seen that I have done a few deals. I would like to scale my portfolio however, I need more CAPITAL! So I'm looking to get s...
Hello all! Relatively new to real estate investing. I am trying to be creative on an offer (my 2nd deal) for a By Owner home where the owners have limited equity and have the house priced on the high end of what it's ...
I am currently moving out of my primary house into another. I am going to rent my current house and after 3 years of owning the appraised value has gone up 100k. What is the most cost effective way to use my equity as...
Hello, we have an Investment Property in California (built in 2015 5 bedroom 4 bath) we are trying to REFI. We have great long-term tenants paying $3000 a month on their second year lease. We have a PM in place. We wa...
Is anyone familiar with whether or not the remaining annual property taxes have to be paid upfront (essentially cash) at the closing or if they can be rolled into the monthly mortgage payment? Thank you in advance for...