I'm a little confused on how to calculate the DTI ratio. If a rental property is in your name, and let's assume that 75% of the rents offsets the PITI but you have no cashflow. Let's say you want to go out and get ano...
Hi,A year ago we sold our house that we had lived in for 5 years and made about 260K. We invested some of that on a rental property and built another house. We want to sell the new house and because we were the gene...
Hello Guys,I finally put some Cash together to buy a two family fixer up... I live in brooklyn NY, so I’m trying to stay pretty local with my investment. From anyone’s experience what would be the better market to buy...
I live in California and am looking into purchasing a single family house in the Denver area. I have shortlisted 3 Denver suburbs(Littleton, Highlands Ranch and Parker). I identified these suburbs primarily because o...
Hi all,
I’m new to the biggerpockets community.
I am a 28 year old licensed pharmacist in California (becoming licensed in another state is a non-issue, and I work 100% remotely) and have been saving up cash for a p...
Educate me on this please. I’m newish to investing (3 properties over 3 years), and I live in one of my units. It’s going to be a perfect rental someday. It’s a 1/1 and about 650sqft. I can tell that whoever built it,...
Hey guys,Has anyone house hacked in San Diego (preferably in neighborhoods as north as Encinitas to as south as downtown)? I'm looking to hear about your experiences! I'm just getting started myself, learning the numb...
Hey BP, I'm just around the corner from closing on my first deal. I ended up going a different route than what I originally intended but everything is seeming to fall into place and I'm working around the initial plan...
Hi All,I am planning my first real estate investment and just found Bigger Pockets. I have been devouring their podcast and a few blog posts for about a month, which set me on the path for buying an owner-occupant dup...
Iam currently in the barracks (enlisted in the military) and want to invest in rental properties. Will banks finance any of my properties? The problem is Iam not going to be living in any of the properties I buy cause...