We keep your doc's stored in a secure portal that you have access to and we can use for any purchase or refinance in the future it does cut down on the time frame next time around.It's also good to take a look at other bigger banks programs and how they can help offer lower rates and not have to pay points like lenders and brokers charge!

Do you know how to analyze a SFH rental deal to determine NOI, cash flow, and cash-on-cash return, assuming an all-cash purchase?

I have been assisting my clients in purchasing homes for rent that have ADUs.

Yes, a hard money / rehab loan could be obtained to purchase the property and rehab the existing house (IF the numbers work for purchase price, rehab budget and ARV).

Hey Alex, Is this for an investment property or primary residence purchase? 

I had a couple people ask me about funding the purchase & renovation, so I am familiar with the project.

I've seen conflicting information on when/whether these costs are deductible — most, including Pub. 536, seem to apply to the *purchase* of a rental property, and resources that deal with sales have focused heavily on either straight-up sales with capital gains taxes or on 1031 exchanges with deferred gains.

Your gain is your sales price minus your purchase price, adjusted for closing costs and improvements.

Hello,I have a property with a tenant that I inherited when I purchased the property..She is an older woman with adult children that, at one point, moved in with her without notifying me.We've got that all cleaned up, but now she is adopting a 2yo child.It's a noble act, but how does this effect me as the owner?

To obtain $200k worth of cash flow at current interest rates would require around $7M worth of purchased real estate in the NY metro region if they all had loans at their nascent stage.