Does any one have experience with Bank Statement Loans? Im a self employed IT contractor and it's time for us to buy our next house hack. I have over 2 year's tax returns but I have some heavy write offs that make me ...
Hello! I am interested in getting a Duplex, Co-owning with my daughter. She would live in 1/2, and I would rent out the other half. I would put down the down payment & closing costs, and she could repay her 1/2...
Is it possible to cash flow on a 5+ 3+ bath in utah county area?
Have a long term renter in basement and airbnb the top part for 10 months out of the year?
Hello,
This will be my biggest purchase if everything goes right. It will be my first hospitality venture. The seller wants 3.8M for a 60 unit Motel in florida. Location is in close proximity to Disney parks and tou...
I know lenders can use 75% of the expected rents for small multifamily when calculating rental income for the DTI, but can they do the same if you plan on renting by the room for a SFR?Also, how do lenders verify the ...
“Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth.”Robert KiyosakiFor me, the path to financial security wasn't paved with stocks and b...
In reviewing our 2023 production at least 1/4 of all our STR (particularly luxury STR) and multi family sales were the result of 1031X transactions in which the seller sold a like kind property towards a high cash flo...
Hi there! I'm wondering if anyone has used sub-meters on a multi-unit property. I'd like to sub-meter the water to bill accordingly instead of just splitting the water bill down the middle (for two existing units). ...
Hello BP,So I went under contract on my second rental today and looking for guidance/reassurance that i'm getting into a descent deal. It's a 3br/1.5ba within 2 minutes from downtown Jacksonville for $64k (listing pri...
I was wondering if anyone had a sense on the construction costs of modular homes, and if they knew how accurate these estimate calculators are on builders sites. I am in Maryland, and some of these calculators are spi...