Well, after re-analyzing my rental property in AZ, I am debating selling. I purchased it with a VA loan (I put very little down) as I was planning on living in it for a long time. Anyway, my life situation took me fro...
Purchase price: $152,00020% down: $30,400Closing costs: $2500Monthly rent: $1295Monthly cash flow: $250 (after mortgage payment, property taxes, insurance, 5% vacancy, 5% repairs and maintenance, 5% capEx)Looks like a...
Hello BP Team. We informed our tenants about the possibility of building two ADU's in our property about 2 months ago. We spoke to each tenant and gave them a letter explaining our potential plans. The letter was a ...
lately, I’ve been thinking about many different strategies regarding real estate.I originally did wholesaling for a few months but ended up stopping bc it just took up too much of my time especially with my full time ...
Are we still singing the same old song? "Prices won't come down!" I hope not, remember folks there is a lag between rate increases and falling equity prices. We are still running on comps from late 21 / early 22. If y...
I was reviewing the calculators BiggerPockets offers and I was wondering if there is any way to input data to show i'm purchasing a property while renting the basement out.
I've only seen a wholesaling, rental, an...
Hello, I was hoping to get some insight and guidance from someone who has taken out a line of credit or a mortgage out of an investment property to make further investments.Here is the scenario: 2 Bedroom Apartment Va...
Dear All,I hope you are well. I'm working on a model allowing to use Syndication for Master Lease agreement with option to purchase. I want to use the Syndication to finance both the fees of the MLO and new rehab or c...
Hello, I hope I'm not breaking any forum rules but I'm in a bind. There's a property that I would really like to purchase and want to submit a strong offer. I've already lost one opportunity to a cash buyer and I do...
A friend purchased a property to be both an investment and a primary residence. Can you 1031 a house hack? It has been more than five years since he last lived in the home.