Has anyone done or think is a positive idea to report in your taxes money paid to you monthly by roomates? For the purpose of decreasing income to debt ration to buy an investment rental property.
What does multifamily underwriting look like now given what we know so far of the impact COVID-19?I know there are very few new transactions going under contract right now given the huge amount of uncertainty that sti...
I'm getting ready to close on a property where there are two different units where nonrefundable pet fees were charged. I have no idea how the seller/PM company is going to try to address this on the HUD (if at all) ...
So I've been house-hacking for about 3 weeks when this happened last weekend. I'm still going through the trauma but I would very much like to get the legal requirements of this situation over with as soon as possible...
Should multi-family investors be scared of interest rates?
Hello BP,
What are some common closing cost items that can be avoided?
In the COVID-19 world, comps are almost completely divorced from offer amounts. The only thing that matters is how much money you are willing to pill up in-front of the seller to win. We have moved from fighting for t...
Hello all,
I am looking for a formula that I can enter the amount of profit I wish to make and have it work out the bid offer I should put on a house. Any ideas?
Hey guys so I just want to drop a little knowledge and provide some value by explaining DSCR for those who don’t know or fully understand it. DSCR stands for Debt service coverage ration. If you’re an investor and hav...
OK, I'm not sure if this is the proper forum for this question, but I'm sure that if its not, someone will let me know.
Anyway, here is the situation. I am looking to put together a long term strategy for investing i...