Loans are based off your net income if you are a sole proprietor like myself, so the more expenses I have, the less eligible income I will have for loan calculations.Does anyone know how small to large size companies get loans?

Thus whatever deal the person is marketing better have some strong financials and considerable equity of their own in the deal.This is just the reality of todays market place

New to BP but looking to get started in my journey to financial freedom.

I purchased a SFH that had a septic. When inspecting the property it was obvious hte Septic needed repairs. I created a contingency for the seller to repair and service the septic system. Spent the next year rehabbing...

Ask a financial expert for help.Good luck!

Hey Everyone, I've been building an Excel financial model that can quickly analyze potential value-add multifamily projects and I've run into an issue that I wasn't expecting - when calculating the returns, do you take into account both the refinance and sale proceeds, along with the cash flow?

I’m coming up with: $4600 monthly rents$450 insurance $950 taxes $690 Cap ex, Maintenance and Vacancy 5% each $400 water/electric from current financials $130 landscaping from current Which leaves me right under $2000 for a mortgage payment just to break even, which is a purchase price of $375k with 25% down.

Used my VA loan and zero % down to make it happen.

Or wait until we have 2 incomes to build more of a solid financial safety net. 

I know I will have to put down at least 20% with an FHA loan.