
1 May 2024 | 11 replies
He is willing to do a 25 year seller finance on this deal after accounting for vacancies, maintenance, capital expenditures I should be looking at around an 18% cash on cash return ROI is that a good cash on cash return for a mobile home or should that be higher?

3 May 2024 | 3 replies
Hello BiggerPockets Community,The real estate landscape is continuously evolving, and staying ahead of the curve requires innovative thinking and strategies.

1 May 2024 | 0 replies
The property was in horrible condition, pet odor, lots of deferred maintenance etc.

3 May 2024 | 3 replies
Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

3 May 2024 | 19 replies
California is tricky so make sure you understand if you have both state and local requirements.

3 May 2024 | 5 replies
While the BRRRR strategy is effective, it requires experience in renovation, property management and market analysis.

2 May 2024 | 3 replies
This is the 2 units + 2 ADUs scenario.I am worried Scenario A might push future financing option into commercial real estate only, which will limit my cashout refi options and the future buyer pool.From a lending perspective, since a "Land Use Restriction" is required to be recorded on the Deed to limit rentals to be longer than 30 days, the property thus will not be considered a true "5 unit commercial property" and my worries in Scenario A will not come to pass, right?

4 May 2024 | 9 replies
Being a successful agent requires a lot of time and effort.3.

2 May 2024 | 6 replies
After signing up, they then reached out about requiring an electrical and plumbing inspection.

2 May 2024 | 10 replies
You will need to work with a tax professional to analyze your current tax situation (income, deductions, activities, etc.) as well as projected income from the fix and flip business.The benefits have to outweigh the costs (payroll costs, additional tax returns, more stringent reporting and compliance requirements, etc.).One important note - an S Corp is not an entity; it is a tax election.