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Hey everyone!I'm starting my journey in real estate investing and interested in purchasing my first small 2–4 unit multi-family home. I'm working as a travel nurse and have run into some issues with getting approved f...
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A real estate agent, and I am trying to help my client decide whether he should finance or not. I have a a summary of financing fees and charges for this deal. These will be a $85,000 distressed property with a $102,0...
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Hey all,Wanted to get your opinion here. I'm investing in California, and have been looking at a number of duplexes. After gross rent, I'm deducting an immediate 30% off the top for variable expenses - Vacancy at 5%, ...
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EDIT: the title should read "% below BPO
Can anyone post what the percentages below BPO the different loan type usually take? I'd like to hear some negotiators chime in on this one.
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HI BP community, I am a new investor looking to flip houses and start my direct mail campaign. I plan on getting an absentee owners list from listsource.com but had a few questions: 1. When getting an absentee owner ...
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Hello all, was wondering if someone could help me understand what part of the rental income is taxable. So I understand that once I receive rent, a certain percentage should be saved for vacancy, capex, repairs & ...
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Hello BP'ers,I'm looking for advice as I'm a first time home-buyer and I feel like I've made a mistake. My girlfriend and I are about to close on a townhome and I'm having trouble deciding whether I should back out or...
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I've come across a situation where an owner has (2) vacant lots next to one another where they'd like to build (2) new homes and sell them. They have no experience with a project of this magnitude or any construction...
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I am a newbie. Is there a website that I can get an estimate on the re-hab price of xyz location?
For example, I want to know the cost needed to do a basic improvement (for a rental), a medium
level improvement (l...
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I have had a rental for two years about to file for the third year in taxes, but before I do that I wanted to ask how I should file.I have a lot of conflicting information in this regard and was hoping some one could ...