I'm hoping someone can confirm my thought process, as I'm new to MF investing:
At this point, I've reviewed the owners financial statements and I'm comfortable with the amounts.
The 2015 financial statements show ...
I am about to close on a deal and need some advice. These are the numbers:Duplex in LBCost: $550,000Repairs: $40,000Total: $590,000Down: $118,000 (20%)Monthly mortgage + utilites, taxes, vacancy...
Hello,I've started pricing out rental properties on Redfin using a spreadsheet I downloaded from the files section here at Bigger Pockets. Something I'm still not understanding is how long term rentals actually beat t...
I'm a new investor. Just closed on my first deal on 11/27/19. The property is two units. I'm renting the first floor and living on the second floor. I was recommended to a CPA who is charging $500 to file my tax retur...
Is it ever a good idea to put less than 20% down if you have excellent credit and just enough funds to do so? I know mortgage payments would be a bit higher and MIP would be added, but if I put 10% down and invested t...
Someone please explain what Cash on Cash return means. Thanks.
This is in a 5 cap neighborhood in Houston surrounded by SFRs very nice neighborhood....It's a $1.1m priced 8 units great area B+ neighborhood and C- property needing $100k in repairs$120,000 GSI rental income-55,000...
Applicant claims he has a painting company and put down monthly income as $6,000. What Shall I ask him to submit as the proof of his income? W2 or something else?
Looking to have an investor fund my first new construction rental home, pay a percentage in return and then either cash out refi or HELOC. Anyone have some insights on what's a good percentage for borrowing up to $250...
Sold my rental house owner financing last year. This year’s mortgage note interested income is $4312. After put it in turbo tax. 700was charged for federal and state tax together. Does that sound right? I feel like th...