Rohan J.
You have 1M dollars to invest in multis. Where do you buy?
10 September 2016 | 89 replies
Japanese banks will not lend to non-residents, and banks that do, only lend against newish properties in the biggest cities.
Robert M.
Renting to Green Card Residents
23 August 2016 | 6 replies
I never was approached by a non-US Citizen before and I am uncertain of how to approach the situation.
Simon Wold
50% Rule
24 August 2016 | 3 replies
If you have PITI the TI is in the monthly debt service payment.
Ryan VanFossen
Rookie in Columbus, OH
28 August 2016 | 11 replies
It's a FREE meeting of landlords and flippers that is featuring a speaker from Columbus Building and Zoning Services.
Robert Ombres
HOA and Dog Breed Specific regulations
26 August 2016 | 20 replies
While an emotional support dog does not quite afford the same status as a service dog, it does fall under the protection in terms of non-discrimination.
Andy Kurtz
New Member from Southeastern MA - Advice on Rehab and Rent Opp
24 August 2016 | 4 replies
- Are there non-recourse lenders that would lend on a project like this?
Leeor Shimron
What Inspections are Needed?
24 August 2016 | 4 replies
Normally I don't get formal inspection periods on my fix and flips and my earnest money is non-refundable.
Kai G.
Why/how is it possible to buy at 70% ARV?
24 August 2016 | 5 replies
There are areas where there are large price spreads between rehabbed and non-rehabbed properties, and this is where you will find a lot of flips taking place.
Thomas Brady
Eightplex deal
28 August 2016 | 6 replies
The deal is as follows: Eightplex in Hickory NCAsking price $210,000 (trying to get it down to 150-170k, but am using 210k for the numbers) Gross rents: $2,900/month or $34,800/year (Between $330-400 a door) Tenants pay all utilitiesI am requesting a 1040 schedule E and the T12's from the seller, but for now am forced to use the 50% rule. using that, operating expenses are $17,400 NOI: $17,400Cap: 8.28 Debt Service: $8,700Equity Dividend rate: 16.5% The area isn't great or terrible, probably a C or C+ area.
Denise Leddy
New Member from Missouri
1 September 2016 | 15 replies
First off, thank you for your service.