I have been wanting to buy a property for a couple of years now but I am a 1099 employee, so getting approved for a loan has been very difficult. I live in an expensive market - Austin, TX. Would you find a DSCR loan ...
I currently have a FHA $200,000 loan with an interest rate of 3.375% with a pmi flat fee of .85% ($141) of original loan amount. I want get a conventional loan to drop my PMI payment of $141 per month. However, the ...
What are the 'economy of scale' benefits of properties with multiple units? If one self manages I can see time savings due to not having to travel to multiple locations. But on the other hand, as there are fewer multi...
Hi everyone! Rookie here! I am practicing analyzing deals and I am getting different opinions regarding how much to allot for repairs. Per the Bigger Pockets Analyzing rental properties calculator video, it is best to...
Hi there, I've been renovating a condo and have learned a lot in the process. I have been doing some of the work myself and hiring subs for the professional tasks. I ran into a roadblock when dealing with replacement ...
Good morning! What’s the minimum amount of money that would be a good start to buying a $100,000 fix-and-rent property? With no debt and a 778 credit score.
Hi, everyone! I was sitting around with a few members of a Meetup group I am in. The question was asked "if you only had $500 to start your first business, how would you use the money?" So, I thought it would be an in...
Hi Everyone,I have been reading the book on Rental Property investing by Brandon Turner and it is helping me a lot. Brandon always mentions that appreciation is like gambling and a speculation. We should not buy any p...
I was looking for advice on starting out in being a successful real estate investor (with no capital) years back and ran across a few people who gave some of the best advice I have ever received for that scenario: BE ...
Hello all!
I just realized that this is what I want to do for my career but my wife is going to school and we will be moving back to live with family within a year.
I really would like to house hack as it seems like...