Hello! I am looking to purchase a small apartment complex, they want it at 6.52 cap rate, 5.25M asking.   (I think) I vaguely remember something being said that if you make a purchase with your interest rate higher th...

I have been working on a bathroom with good friend and contractor @Kevin Lochen and the project has been riddled with issues from mold to structure. This home is 90+ years old with previous renovations completed. When...

Hi BP Nation,I'm looking for your thoughts on this 3 family. The asking price is 119,900 not a lot of Comps in the area for the same type of property. It's fully rented. Unit 1, 1 bed room, unit 2, 2 bed rooms unit 3,...

I am new to real estate investment and just recently attempted to analyze my first deal using the bigger pockets Houseflipping Calculator.  The property I was attempting to analyze was a foreclosure that was listed on...

So, you've formed a new LLC, gotten a new EIN number...now what? Can you now, at this point (even though you haven't yet sold anything in your business) apply for and receive substantial amounts business credit for t...

The question of "What do I pay for a troubled property?” is a hard one to answer unless you know the process. The process I use is backing into the value.
Here’s how you can do it:
First, put all the financials y...

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I have an off market portfolio that I would really like to make an offer on however I am not sure exactly what I should offer for it.  Any thoughts or suggestions on how I could structure this?? (the 1 bdrm 5plex is w...

I would like to know how lenders typically view rental income when applying for further loans/mortgages. Do they view this income as part of your gross monthly/yearly?I myself have a W2 job and make an about an averag...

Hello,

I'm an investor with small portfolio in Florida and have not been able to clarify this question.

I have owned for many years a corporation (C-corp) and pay myself a salary via a W-2 just like any other employ...