Samantha Zanotelli
Jumbo Loan Question
16 October 2024 | 7 replies
@Samantha Zanotelli- depending on the price and loan amt needed - there are lenders / programs that allow 10% for a jumbo loan scenario ...the payment reserves requirement will likely be 12-24 months of payments and you are able to use part of any retirement account balance to meet this requirement
Lia Veit
New investor looking for advice
23 October 2024 | 22 replies
Multi-Family PropertiesStarting out, it's crucial to balance potential returns with manageable risk.House Flipping: While flipping can yield significant profits, it requires substantial experience in project management, cost estimation, and an understanding of the local market dynamics.
Ted Barrett
Mortgage Rates Eating into Cash Flow Under 1% Rule
18 October 2024 | 25 replies
So I have a balance of both.
Olivier Chaine
LLC Transfer - for Loan
16 October 2024 | 5 replies
The parties can pay off the note for principal balance, late fees, penalties, back interest and legal fees any time before the actual foreclosure.
Ryan Rocchi
Doorloop vs Appfolio
16 October 2024 | 5 replies
All they need is balance sheet & income statement to do the tax returns.
Jake Barrutia
Allow full year prepaid rent?
17 October 2024 | 19 replies
In FL this is a common occurrence for tenants to pay months in advance or entire lease balance upfront.
Karl Szymanski
Just getting started with BP but open to any opportunities at this time
15 October 2024 | 9 replies
Mesa, on the other hand, offers a balance of affordability and access to job opportunities, making it a great option for investors looking to tap into a more budget-friendly market with solid returns.Pittsburgh, PA: Analyzing ReturnsIn contrast, Pittsburgh has a slightly different dynamic.
Bryan Liu
Need advice on financing rehab for investment property
16 October 2024 | 9 replies
Finding hard money could be tough unless the ARV is crazy high as you'll be asking them to put $200k in 2nd position or to buy out the first and add $200k to the balance.
Malik Javed
How to Allocate Land vs. Building Values for Investment Property
17 October 2024 | 4 replies
In this approach, the taxpayer calculated that the cost to construct a new building (say, $300 per square foot at 2,000 square feet, totaling $600,000) should be allocated to building and the remaining balance of the acquisition should be allocated to land.Rule of thumb method: Some taxpayers use a predetermined percentage (such as 80/20 percent, 70/30 percent, etc.) for improvements and land.
Ben Stanley
How did Tampa investors fair after Milton?
16 October 2024 | 8 replies
Plus, if your property isn’t right on the water, the chances of it getting completely wiped out are even smaller, around 10%.And if you’re not in a flood zone, then it’s really just a matter of balancing the cost of insurance versus the potential gains in a market where people are panicking.