Mike Rodriguez
calculating net proceed-question
28 October 2021 | 3 replies
If you bought it with all cash, your gain would still be exactly the same. 600k-300-150-20=$130k…..whether the $300 k was a $300k loan or all cash, makes no difference.
Kenzie McIlvoy
How can we qualify for two mortgages when buying first rental?
23 October 2021 | 1 reply
The lender will then use 75% of the projected rent to offset most or all of the monthly payment that would be added to your DTI calculations.
Jarred G.
10% Down Loans in a Partnership
28 October 2021 | 2 replies
Every lender I see requires all partners to be guarantors or all above a certain ownership % are to be guarantors on the loan.
Matthew Lindsey
Tricks To Convince A Seller To Go Ahead and Sell?
2 November 2021 | 6 replies
So a week went by and I reached back out to just see if I were able to give them their asking price would they reconsider selling any or all of the units.
Billy Daniel
Partnership Structure For Large(r) Deals
2 November 2021 | 2 replies
If capital is an obstacle for you, have them provide most or all of the capital while you find the deal and do all the due diligence.
Ryan Mitchell
Advice for Funding First Deal
5 November 2021 | 1 reply
If you leverage close to all or all of t it, make sure you have a very good spread in the deal to make up for the added risk you have added to your deal.Perhaps consider a partner as another option.
Michael Luo
How I can fast my rental investing pace in my situation?
2 January 2022 | 5 replies
If you can BRRRR going forward, you should theoretically be able to pull some, most, or all of your initial capital depending on how good the deal is.
Deniqua Antoine
How to find a good real estate CPA in NJ?
11 January 2022 | 3 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion
Nhan Le
Contractor Dispute Question
10 January 2022 | 4 replies
Specific milestones meaning drywall hung, taped and mudded, or all walls/ceiling/trim painted or Final inspection completed and Certificate of occupancy issued.
Alex Ballesteros
Funding My First Deal: Pulling Money from Investment Accounts
8 January 2022 | 2 replies
A large portion of your net worth will still be staying tied up in the stock market even after selling much or all of your brokerage account holdings to invest in real estate.