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.
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.
Logan M.
How I filled 27 vacant units in six months
1 February 2024 | 1 reply
You have people actively and in many cases desperately looking for a home and you end getting their hopes up and then after not returning their inquiries we leave them disappointed and heartbroken.
Saar Amit
Guidance Needed on New Construction of Steelhomes.us Modular Homes in Fort Lauderdale
1 February 2024 | 16 replies
FTL needs housing soso desperately that I can't see appraisal being a problem where the numbers won't make sense if you got the land at a good enough price.