Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Dominic Richardson Where to find an equity partner.
29 February 2024 | 2 replies
go to local REIA groups.Go on sites like propstream and look at who is funding fix and flippersgo to scotsman guide and American Association of PRivate lendersThere you will find people who may consider funding deals.The key to getting a deal funded today is:1.
Julio Gonzalez Historic Tax Credits
29 February 2024 | 6 replies
Understanding and taking advantage of the variety of tax credits boosts the return on your property and allows you to be part of the move to conserve our nation’s historic treasures.When rehabilitating or investing in the rehabilitation of an eligible historic or non-historic building, you may be able to take advantage of one or both of the historic tax credits: 1) Historic Tax Incentives and 2) Historic Preservation Tax CreditsYou can receive a federal income tax credit equal to 20% of the costs associated with rehabilitating the building.
Tristan Bennett DSCR Home loans
29 February 2024 | 10 replies
See example below: DSCR < 1 Principal + Interest = $1,700  Taxes = $350 Insurance = $100 Association Dues = $50  Total PITIA = $2200  Rent = $2000  DSCR = Rent/PITIA = 2000/2200 = 0.91  Since the DSCR is 0.91, we know the expenses are greater than the income of the property. 
Dan Deng Potentially buying an off-market property
29 February 2024 | 1 reply
Conduct thorough research: Since you won't have a real estate agent representing you, it's important to do your own research on the property, its value, the neighborhood, and any potential issues or liabilities associated with it.2.
Ingo Bothe Tax considerations BEFORE going into the STR business
28 February 2024 | 1 reply
Tax considerations involve a lot of personal, specific considerations so you are on the right track going for a CPA (make sure they are familiar with income properties and short term rentals).STR is a business and involves "active" income versus "passive" income associated with typical long term rentals.A few general things:1.
Kyler J Sloan Scaling Strategy -- Snowball into "Self-financing"
29 February 2024 | 4 replies
Considering that the back-end ratio needs to be roughly 36 percent in order to qualify for a loan, it seems that the mortgage costs associated with each newly purchased property should be 36% of the revenue generated by that property -- we might call this a 36% rule: mortgage cost / rental income = .36Please let me know -- is this feasible or advisable?
Charles Adams LLC vs Personal Ownership?
1 March 2024 | 31 replies
This is just basic case law.A great example is the Indian Palms Country Club Association vs.
Paula Reavlin Bought with my Self Directed IRA - how do I pull the equity out to buy more?
29 February 2024 | 7 replies
When I referred to "Delayed financing" it was associated with (Not having a mortgage) which means both of the above carry (No recourse) or do not require a personal guarantee.There are more banks and lenders that offer non recourse then the ones on that list that offer financing in the US and globally.
Ryscha Williams Campbell Fire Wall needed to Duplex my Single family home.
28 February 2024 | 7 replies
You can google the national gypsum association, USG, or UL listing for 1-hour rated assemblies.
Shai Yona New to investing and looking to acquire my first multifamily property in Miami
29 February 2024 | 9 replies
Otherwise, FHA allows college graduates to apply immediately upon employment, though there are some more fees associated with FHA and the mortgage insurance is for life.