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I bought a home with the intention to flip it. Prior to getting to closing, a real estate investor (buyer) came along and offered me 20% more than I was going to close for the next day, only catch... needed 1 month to...
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Hello Bigger Pockets Community!
I would love some suggestions on creative ways to lower your DTI?
I've been turned down for a purchase because my DTI is too high. They're holding my entire mortgage against me, ev...
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Hi there,I am writing seeking advice on what to do in this in between time and whether I should buy a primary residence first or a rental property first. My husband and I plan to get into buy and hold properties and e...
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Hey hey...I have been looking at multiple rental property cost analysis tools (because I'm an enginerd). I have noticed most tools include a large majority of the same numbers (MV, taxes, rent, etc) but when it comes ...
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Hello All,
My name is Jonathan Dowling, and I want out of the Rat Race.
I’ve been wanting to do something that provides passive income for a few years now but didn’t really know how or where to start. A friend recom...
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Hi all!I'm looking for opinions both in favor and against my current decision. I feel that the "sell" option is a better one at this point, but am interested in hearing your thoughts! Here's the situation:We own a ren...
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Hey everyone,My name is Shu and I'm a huge fan of the Bigger Pockets podcast show and the books. My wife, who is from Minneapolis, and I currently live in Japan and are looking into investing in properties in Minneapo...
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Hi Everyone! First post here. If you have a moment, I'd love some advice, and this is time sensitive. I've been looking for an owner-occupied duplex for a while, with the idea that I'd live there for a year or two, an...
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6 fully occupied duplexes, cap rate 8.5%, tenant pay electric & cable. Room to build a few more duplexesWhat is wrong with my number? If seller said 8.5% cap rate, maybe I put expenses or too high? property tax se...
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I have a deal lined up but I’m hesitant about moving forward. I am going to be using hard money to purchase the property. My problem is I have to rehab the property before tenants in which may take up to 3 months . Du...