Theodore Gibson
First Purchase Process
I’m a new investor, and this will be my first purchase so please bare with me. My plan is to purchase a duplex as an owner occupant using an FHA loan.I’m currently struggling with the fact that right now in my area (M...
Account Closed
Financial Structure for Flips
Hello everyone. I am preparing for my first flip. I enjoy reading about individuals success on this site and plan on being an active member.
I haven't met with any banks yet but working on my financial model ...
Jessica H.
A few weeks into rehab and already have a very interested buyer....
So the house is till a mess and still have quite a bit to do but already have a potential buyer who was wondering if they might be able to pick finishes, etc...so what to do? They haven't been in the house but were...
Anthony Gayden
James Wise and BiggerPockets Redlining?!?!?!
I saw this article while browsing the web today.https://www.citylab.com/equity/2018/11/redlining-cleveland-investors-home-prices/574153/The blog, posted on the real-estate investment platform BiggerPockets, shows how ...
Johann Kleisch
Houston Texas, HOT or NOT?!?
I'm considering long distance investing in Houston but don't know much about the current market.I was told that it's a hot market right now.Now I'd like to know the facts from the BP community. Is it Hot or Not?Any a...
JW Franz
Should I become the bank?
I am based in Tampa and own a portfolio of 46 SFH Rentals, all are rehabbed and rented. Most have ARV of $150K. With the prices moving higher I am considering sale of all or part, in the coming year. I am 52 an would ...
Bryan Contreras
BRRRR Strategy Question
Question: I have 200K in equity with a home here in San Diego. Cashflow is about $100/month. Do you recommend that I sell and use the money to purchase out of state to begin the BRRRR process with more affordable and ...
Njeri S.
Refinancing Primary Home, Renting it, then Purchasing New One
Hello,My husband and I are thinking of renting out our primary home and purchasing a second. I've read several forums, but I still haven't found an answer to my question. Is it possible to take cash out of the first h...
Kurt Traynor
How long to wait after selling my home, can I apply for FHA?
Good Afternoon.. I've been reading up a lot about FHA loans and have come close to answering this question. How long do I have to wait to get accepted for an FHA loan after I have sold my primary home. I had a conve...
Tracy Harmon
Analysis of home prices vs income
Using historical data, census bureau for income and NAR for housing prices, from 1968 to 1999, housing prices averaged 2.769 times yearly income. In 2006, housing prices were 4.566 times yearly income. Based on soun...