Jess Hammersley
FHA vs Conventional
My wife and I are looking at a 4 unit property and are going to live in one unit. We can put together the 20% for the conventional but in looking at the deal or lender is very certain he can get an FHA loan on it. Is ...
Erika A.
PMI Questions/203 FHA loan
Hello BP!I am considering using a 203 FHA loan. I’m looking to put as little down as possible.If we buy a property below market value- meaning it already has equity (For example, if I buy a property at 80k but it is w...
Adam Eisen
I'm Getting Discouraged
Newbie here looking to purchase a property in either Queens or Brooklyn. Have about 35K ready for a down payment but thinking it's not enough in NYC. Was wondering if anyone had any advice for someone starting out i...
Ryan Cherney
New Member from Chicagoland (Yorkville)
Hello, my name is Ryan Cherney and I found Bigger Pockets by searching Real Estate investing on Google. I am so glad I found this site. I have a lot to ask this community and a lot to learn. The few Podcasts I have...
Ryan Dossey
What do you guys think about low $ flips?
Would you or have you ever flipped a house with an ARV of 75K or less. My thoughts. Smaller margins. Different pool of buyers. Different materials and finishes. In the lower price point/areas properties could be marke...
Andrew Stewart
My first subject to deal... possibly (Indianapolis)
I just bought my 1st house in november with a 10 year land contract, it cashflows about $500. 40k equity.I havent been looking to buy anything since then, busy with day job and such. But last week I found the initiati...
Dustin Dummer
Analyzing property location
I've been analyzing a 4-plex investment opportunity. The property is in a small nearby town. This entire surrounding area is a vacation driven economy with small populations, and not a lot of professional jobs. The 4-...
DJ Cummins
seller financing offer
So the people we bought our first property from last month own 5 other properties. They hinted to us at closing that they would be interested in possibly doing a seller financing deal on at least one more property. ...
Rob Henzler
Is my rental unit priced too low?
We had a multi year tenant move out and priced our unit at what we felt was on par with prices in the area but within days of posting we have had about 70+ people reach out. I am concerned now that we priced it way to...
John Chung
Year 2017 - whats a decent cap rate these days?
Hi all,Newbie here....I was looking at some multi-family RE's. Wondering what is considered a decent cap rate on an apartment.I read somewhere that 8-10% is good...but looking in LA...im seeing some 4-6 unit apt at a...