Eric Huang
Excited to Return to Bigger Pockets
18 December 2024 | 4 replies
It was a great experience that helped fuel my passion for real estate investing.Recently, I took my real estate journey a step further by earning my broker license!
Garrett Karnath
How to reduce prepaids/closing costs?
10 December 2024 | 5 replies
That can be used to buy down the mortgage rate or reduce closing costs.
David Cherkowsky
Loan Option Advice for House Hack in Alexandria VA
5 January 2025 | 17 replies
Freddie has similar intricacies, but also does not require a two year history of receipt; https://guide.freddiemac.com/app/guide/section/5306.4If you can use the rental income to drive the DTI down so that you can reduce the down payment similar to that of the FHA product, the benefits of the conventional option will outweigh the FHA option, as I'm assuming you have a strong FICO based on rate quoted with no points.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
Ok, if it's still sounding do-able, the next issue is that section 179 can't be used to create a business loss, so it would only reduce your taxes for the year if your rentals are operating as a taxable gain (but rentals are often at a tax loss thanks to depreciation).
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
Focus on optimizing the current fourplexes (improving rents, reducing expenses).
Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
Also lower your rent a bit ($1300) and reduce your deposit to $700.
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
This will help to reduce the premiums.Self Storage – “Company” Liability/Property insurance.Below is a summary of our Storage insurance for one location for your information.
Darron Pierson
Jerryll Noorden's system
28 December 2024 | 26 replies
Credibility Package - $7,800 reduced to $5,800 if you sign up right away. 2 to 3-month payment plans available.
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
This reduced time spent on mundane tasks - answering investor questions, sending out loan information, handling loan inquiries etc about 80%. 5.
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
. $360k equity (based on your estimated loan balance and estimated transaction costs if you sold, this is not calculating capital gains taxes but that would reduce your equity down to about $310k if you sold without doing a 1031 exchange). $8k cash flow (this will increase over time because you are in an appreciation market). $6k principal pay down (based on your current loan). $20k appreciation (based on 3% which is conservative, 4-5% is the historical average).