DSCR or (Debt Service Coverage Ratio) loans are loans granted on the bases that an investment property will cash flow based on a 1007 Rent schedule appraisal. The rent schedule is based on LTR rents. The greatest adva...
I am seeing a lot of construction of investment properties (Duplex, Fourplex, Single Family Rentals) going on in a handful of Florida locations. I do not know Florida very well. Can you tell me what is driving this...
Hi Bigger Pockets! This is my first post, so be gentle. I wanted to reach out and see if anyone has any advice about investing (buy and hold) in areas with high property taxes. My specific situation; I'm milita...
We are looking to move to Georgia and I was curious to know how hard/strict it would be to expand houses.So for instance if we buy a 1700sqft house, how hard would it be to say build it out to say 3k?For now we are co...
Hello BP family - my husband and I are looking for some advice on whether we should buy our own home in Southern California (specifically Orange County) or whether we keep paying rent and invest out of state to build ...
Hi all,
My wife and I purchased a home 7 years ago (at the high point of our market). We still owe more on the home than it is worth. We are considering moving and I am trying to analyze each option. My 2 ...
Hello and great evening BP Community from the Great State of Arizona!
Here’s an update on the journey to purchase a property to house hack.
I was looking for properties and working with agents to purchase a property...
Hi everyone! I lived in my property for two years in South Carolina. I moved out and turned it into a rental on March 2017. This whole time I had it covered under my original homeowners insurance. Hearing that Hurrica...
I currently have a rental property that I am looking to do a 1031 exchange with. I found a property that has a house on it and believe the lot is big enough to split into two. I am curious about the legalities of bu...
Without being too specific, here's the scenario for a friend:A young college student wants to buy an investment property; it's a small apartment building with 11 units. Since it's over 4, a commercial loan is required...