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First off I need some help understanding financing on a 5 plex. I've read that I can't do a convention 30 year fixed on property with over 4 units? If I can't what options do I have and how much higher are the inter...
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Hello,My husband and I are new to the site and have just put in an offer on a 3-flat(owner occupied) property for $329,000. We are looking to put preferable 20% down with a good rate. I noticed most brokers want 25% ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $78,000
Cash invested: $115,000
Sale price: $250,000
I bought this 1890 single family 3 bed 1 1/2 bath 1500 sq....
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Hey, Bigger Pockets People!
I'm writing my first post hoping for some ideas or insight into what you would do if you were in my situation. Currently, I am pre-approved for a conventional 3% down loan for up to $365k....
Good afternoon,
I recently earned my MLO license. I plan to put it to use next year. Between now and then, I need to decide who I want to work with. I don't where to start, because there are so many companies ...
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Hi! I just started educating myself on rental properties a few months ago and am trying to determine my strategy. My husband and I both work and have a combined income of $220k but we are paying $60k annually on taxes...
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Hi,I'm looking at my first buy and flip dealI have a experienced GC local to the area.and a experienced local realtor.Property purchase cost = 139000Rehab = 160000Arv = 422000Sqft going rate is 223 sqft.Existing home...
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Hi, newbie investor here looking to purchase my 1st property. I'm focusing on small multi unit properties I can "house hack" to get started. My question is if I'm purchasing said property with existing tenants can I u...
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Trying to purchase 2B/2B apartment ($45,000 with cash) and the area rent-to-price ratio is favorable.It can generate $300 cash flow per month after calculating all expenses( HOA: $170 per month, vacancy 8%, management...
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I am a new investor from Brooklyn, NY where it is not the easiest to drive for dollars or put up bandit signs. My best bet is using the internet but I am unsure if I should use the MLS or regular sites such as Zillow,...