New investor here looking to buy my first Quad with a VA loan. The asking price is 550k and the rent is $1100 a month per unit. It doesn’t meet the 1% rule. What all should I do to make sure I’m making the right deci...
Good morning! I’m trying to close on a DSCR property for STR in Destin, Fl. My down payment has gone from 20-30% and appraisal focused on cash flow income to appraisal on long term rent.
I would appreciate any help ...
HelloI currently own 2 properties. One is currently rented in Greenwich CT, the other I just purchased in Norwalk CT and in the middle of renovations before I rent it out.I would like to purchase a 3rd home by the end...
Good Afternoon All!
I am a brand new to the investing world. I have listened to many podcasts on the biggerpockets podcast. I just recently bought my first property in Nov '23 just outside of Chicago, IL with an FHA...
Hi,I am considering investing in my first rental buy-and-hold property here in Houston. I live in the Houston suburbs so naturally started looking here first. With the market recovery, it seems most of the properties ...
Hello! We just bought a duplex, which has separate meters for electricity. That's easy enough for the tenants to put their bills in their own names. But the gas and water need to stay in our name as landlords (per ...
Yesterday I received an email from NREIG that they have decided to increase my monthly premium by 20% per month. I own 4 rental properties in the Tampa bay area with a coverage amount of ±$70,000 each. I also have nam...
My names Anthony, and I have got into wholesaling as a way to create extra income and just build up some capital to turn around and re-invest. I have about 20k-25k saved up right now, but my DTI ratio is all out of wa...
Currently renting in Bozeman, MT. Thinking about buying instead of renewing lease, but we'll be moving in about a year regardless. So, if we bought property it would become most likely a long-term rental next year.
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Ever since I watched "The Big Short" I've been intrigued by the 2007-2008 real estate market crash...and while I know that the crash was caused by loose lending standards combined with ARMs, uninformed borrowers, limi...