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26 July 2018 | 6 replies
I am in search of an investment partner.Must haves:$100,000 in liquidity for co-investing strategy of:a) ME: 70%, YOU: 30% SPLIT OF FINANCING THE Purchase of a fully-occupied (5+ units) multifamily property located in northwest indiana. b) ME: 70%, YOU: 30% split of monthly profitsc) me buy you out after 5 years
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27 July 2018 | 11 replies
Fannie/Freddie loans just carry better rates and terms (in general) so we try to go for those first.Here's some bullet points on how income is calculated with Fannie/Freddie and S-Corps:W2 income – that’s easy, you probably understood that your W2 income can be added TO incomeK-1 income (box 1 & 2) – also pretty self-explanatory, but just in case, it’s added alsoAmortization/Casualty Loss – Added BACKDepreciation 1120s (line 14 & 15) – Added BackHowever….Mortgage Notes, bonds payable in less than 1 year (Schedule L, line 17)- this is SUBTRACTED from your incomeMeals & Entertainment (Schedule M1, Line 3b) – SUBTRACTED from your incomeNon re-occurring Other Income (1120s line 5) – SUBTRACTED from your incomeAnd then they would average 2 years of these data points to come up with your "qualifying" income.
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19 December 2019 | 9 replies
Always keep your anti virus up to date and run frequent searches.
20 March 2020 | 5 replies
I like the search features: https://www.biggerpockets.com/search
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26 July 2018 | 0 replies
Would like to expand my property search a bit and I have a good contractor already setup in that area.
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23 January 2019 | 65 replies
I can't find it from google searching.
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22 November 2018 | 11 replies
I came to join biggerpockets by searching for financial freedom and finding the podcast.
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26 July 2018 | 1 reply
I searched a bit so my apologies if this has been discussed at length before.I'm getting ready to sign new tenants and started thinking about options to reduce vacancy time at the end of the lease.
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7 August 2018 | 9 replies
@Lewis Yuan Not to be nosy, but I did a search and found the building.
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24 May 2020 | 12 replies
LLC required If closing in a business entity a business search may apply ...at what cost??