Pedro Jean
Tenants with no credit
I am renting out a studio apartment, the majority of applicants don’t have credit at all. Would any of you landlords out there rent to people who don’t have credit at all? What else can I take into considerations besi...
Justin Young
Purchase all cash, refi, repeat. Would that work?
Aloha BP!Exactly as my title states, if I were to purchase a property all cash, then wait for the seasoning period (if there is any), and purchase the next property, are there any setbacks to this? There are a few thi...
Oz Pariser
Is Rentometer a reliable measure of market rents?
Hi everyone,I'm wondering if Rentometer is a reliable measure of market rents? What other tools do you guys use? I've read that talking to a property management company that is knowledgable in your market is one of th...
Devan Mcclish
1st owner financing deal!
I have been making a lot of owner financed offers recently. I really see the value in using owner financing when I can as long as the numbers still work. I finally got one accepted and closed! Below are the brief deta...
Robert C.
Interest Rates Just Don't Matter in Multi-Family
I thought I'd start a discussion about rising interest rates, because quite honestly I'm not hearing that much about it, and I'm wondering why. From what I'm observing, it's like the elephant that's NOT in the room, e...
Ed Wood
How the new Jan 10 mortgage guidelines effected buying power
This is a sample with a 4.5% rate 30 year fixed payment qualification includes tax and insurance and $500 in borrower monthly debt (car, credit cards...) DTI ratios at 43% after Jan 10 and 50% before Jan 10
...
Aaron Mostoller
Heloc as a down payment ??
Huge bigger pockets listener and fan here !! First time poster! I wanted to run something by everyone to get your opinion. I currently have 1 investment property - Mortage is 580, renting for 1200- super happy with th...
Diem Tran
Help analyze my first MF! Please
Today I looked at a 6 unit property. I like it alot but who cares what I think or like, especially if I never purchased a mutlifamily property before. I learned that the numbers matter the most. Please give me your...
Forest K.
Purchasing building, long-term tenant has no lease
I'm about to take ownership of a four-unit property in Massachusetts with my partner. Neither the owner nor tenant have a copy of one tenant's lease. They do have signed confirmation of the tenant's security deposit a...
Vince Light
Advice for somebody who needs to make up for lost time
Hello BP!
I am pretty new to BP and I am more of the lurker type…. However, I am struggling to formulate my plan for financial independence and feel like I need to seek out some outside view points and opinions…. As ...