Hi Bigger pockets team, Here is my current situation. I am currently assuming a loan that has a 2.6% interest rate locked into the life of the loan and I am getting it $70k under market value. I am assuming $135k and ...
Aloha Bigger Pockets Fam,My mom and dad have a rental property. It was their first home they bought about 30 years ago now. Lived in it for about 10 years and have been renting it out for about the past 20 years. It s...
I am hearing that others are getting 100% financing on new purchases, sometimes based on appraisal, not purchase price. Locally, I've called every bank in a 50 mile radius, and everyone has the same answer... 60-80% ...
I've had several conversations recently with new investor clients trying to buy their first rental, and the first question most people ask is "how do I know if it will make a good investment?" My go-to calculation for...
BP community help me out here. Im looking to obtain my Realtors license for the state of Texas in the next 4 months.. Ill be living in Oklahoma, what is the best way to study for the exam? Books, in-person, etc? Let m...
Please help a newbie out! I would love some help and/or advice on my next step. Here's my situation: My partner and I own a single family home through our LLC and bought it outright, all cash deal. We paid $303k last ...
I have 2 townhouses and a duplex. Although I have property, I'm still very much a newbie trying to figure everything out. On each property, the insurance I maintain is what the insurance company has quoted me for repl...
I am about to list my first rental property and am trying to decide how to screen potential tenants. Before taking any phone calls, showing the property or going through the application process, I want to vet potenti...
We own a house and want to purchase our first long term rental property. We live in California so real estate is pretty expensive here and we only have about 30k to start off with. I have no idea where to start lookin...
I am in the process of going through the tenant application/screening process for the first time. Currently I'm writing up some selection criteria and came across a question on income requirements. I went with the sta...