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When I started it was 2012 and investors were buying properties on the MLS for $60,000 and at auctions $30K-40K. I studied flippers buy properties for $60,000 rehab them and put them back on the market 3-6 months lat...
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I have a detached and permitted ADU (400 SF) which currently is a Studio. I am looking to expand as I have an additional 475 SF of space which is devoted to the garage portion. My debate is the following:1) Convert t...
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Hello everyone! This is my first time using biggerpockets.com's website and I've found the information on YouTube extremely helpful.I will hit 20 years in the Air Force in January but I've extended until June of 2021...
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If someone is not able to qualify for a mortgage, can they pay cash then refi? Or are refi requirements the same as for a conventional loan?
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Hi Everyone,I'm located in San Antonio, TX and I'm in the process of buying my first house which will also by my first house hacking attempt. I plan on renting the two additional rooms in the house. I am currently in ...
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My 3rd property, first tenant occupied property. It's located on the Westside of Detroit. Purchased for $30,000 and financed for $24,000. I partnered with Dar Mayweather. We put up $9,276.52 at closing (including clos...
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Hello. We are sorting our which 30-yr fix loan rate to lock into for a SFH rental. I was curious as to whether folks usually go for the loan with the lowest rate or lowest amount of money to bring to closing. Here ...
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I am looking to sell a house in Texas owner financing. I owe about 475K at 4%, my P&I is about $2300. I'm trying to sell for 200K down and do a wrap around owner financed 800K note at 6.9% for 30 years so the P...
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I’m trying to get a mortgage on a rental property in St. Petersburg Florida, which is a relatively safe area (from flooding perspective). The quotes I’m getting from 2-3 providers is astronomical. For a 200k house, t...
I am a teacher looking to purchase my first home and I plan to live in it and rent out the other bedrooms. There are mainly two distinct areas here in Fargo, ND.
1. North Fargo: Old homes, typically ramblers. Near N...