Peter Fennig
BRRRR Strategy question??
I've currently got a Private money partner who brought all the money to the table for my second flip forthe purchase and the rehab. With the numbers the way they look I could definitely do the BRRRR strategy on this ...
Peter Morgan
Tenant asking me to clean the backyard
Hello,I have a new tenant who rented my apartment and they have an easy access to my backyard.However the backyard is not part of our lease agreement but I offered them as a freebie. There is a portion that is clean e...
Jose D.
Will a tenanted property count towards my DTI ratio?
I know to count rental income it's two years, but I don't really care if lenders don't count my cash flow as income. I'm more concerned with whether they will still count my mortgage payment as debt even if it's a ren...
Varinder Kumar
Death in home, below market list price
Theres a property that i am interested in investing in. I can go two ways wit it. Either buy and hold or flip it. Its listed about 80k under market value and probably needs about 20k of rehab. The only caveat that so...
Jose Leanos
Financing after cash out refinance Advice
Hello all,I recently did a cash out refinance on my single family home at LTV ratio of 75-25. I did this with an owner occupied loan.My intention with the cash that I have pulled out is to convert my garage into an AD...
Amber Zhang
Property in flood zone
Hi, I am about to buy the first property for rental, and came upon this condo that is in a flood zone. The price is reasonable but I am wondering if there is any potential cost as a result of flooding that I should be...
Patrick Philip
Tax issues when transferring personal home to LLC then selling
I am a small spec home builder. I build under 3-10 houses per year. My bank will lend me to my personal name enough money to build a large spec home at a much lower interest rate than my HML. I want to know what would...
Simon Cox
Need help in contract phase!
Hi everyone!I'm in the contract phase of my first deal! I just got an offer accepted on a 23-unit apartment complex and had a few questions. The seller said in the contract he would provide the following items. He is ...
Scott Long
Able to write off trip/travel for real estate research?
I am wondering if I look at, investigate, research real estate while traveling am I able to write off the trip?I am interested in Belize and want travel there to investigate investing opportunities.
Josh McCullough
Apartment cleanly issues
I purchased an 8 unit last month. In 1 of the units, the tenant has been there since 2001. Her kitchen walls and ceiling are orange from grease splatter. I'd really like this cleaned up. Who is responsible for that? C...