Cory Shea
[Calc Review] Help me analyze this deal
4 February 2024 | 2 replies
Or worse, the bank trying to refinance your money at a cheaper rate says no, because you dont meet the income requirements and your stuck in a hard money loan or lose the house and your downpayment.
Rajesh Rajendran
Mortgage on a property for Foreign investors
4 February 2024 | 6 replies
A few things that I will add is if you will be in a different country at the time of closing on the mortgage your lender may require you to sign docs at a us embassy.
Nicholas J Mancini
1031 exchange - first time
2 February 2024 | 9 replies
It's a regulatory maze and you want to make sure you have someone to guide you through it.I'll reach out with a pm to you.
Joshua Awodele
Cost Segregation Providers in Connecticut
3 February 2024 | 4 replies
Hello Biggerpockets Family, Need help with two things:I need recommendations for a reputable firm that can perform a cost segregation for a STR investment in Fairfield County Connecticut.Concerning the passive activity rules exemption requirements related to the STR Loophole, what are examples of “extraordinary personal services” I can incorporate within the business in hopes of converting from STR to MTR (midterm rental) while still qualifying for the STR loophole?
Jessica Carcamo
A Journey into Real Estate Investing
3 February 2024 | 0 replies
Whether it's a coffee meeting, a virtual discussion, or attending industry events together, I am committed to investing the time and effort required to establish meaningful connections.Thank you!
Deborah Frantz
Tax question on a rental property that was bought through a housing program.
3 February 2024 | 3 replies
The program required half of the profits from the sale be paid back into the program.
Lataw Bawknaw
BRRR. Will it cash flow..? or....
3 February 2024 | 11 replies
You would need the property to hit at least a 1.00+ DSCR.You would certainly have to leave some equity in this house as a BRRRR deal, as the 75-80% LTV refinance would require more like $3,000-$3,500 in monthly income.
Justin R.
Texas (Financially) Deadly Property Taxes!
4 February 2024 | 21 replies
As other states are considering eliminating their business/corporate income tax to attract business, that requires shifting the tax base elsewhere which tends to make it more regressive.
Ashley Bitner
Don't know which direction to take - analysis paralysis
3 February 2024 | 3 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
Alexander Canalini
Rental Market in Temple, TX
3 February 2024 | 8 replies
If it's even $100 too high, it could take a bit longer or require a price reduction.