Hi Everyone,New to investing, but have been studying and speaking with lenders. I am trying to fully grasp the HML calculation. Assuming I am approved for 65% of the ARV. In speaking with an HML this is basically w...
I am looking at purchasing my first rental unit, more specifically a duplex or triplex. What types of questions should i be looking to ask? Basically all I understand is that I want to make sure I stick to the 2% rule...
Hey everyone! I’m practicing deal analysis and I’m having trouble estimating what the monthly PI payment would be. I began by trying to do the math on my primary residence, but my calculated PI is ~$170 higher than my...
@BrianGibbonsWhile I don't want to seem too starry eyed and bushy tailed, I must acknowledge Brian Gibbons for what he does. In a matter of an hour-and-a-half long conversation he was able to bring new ideas to me and...
Hey how's it going? I'm Erick I'm from Raleigh NC. I recently bought my first house in December of 2014. I have two roommates that rent rooms from me. I am currently using the income from my full time job to save up f...
I’m new to REI and while reading here came across MHP investing. While combing thru this MB forum posts I came across several folks recommending going to Mobile Home University to learn more about this investment. Whi...
Hi everyone, is there a cap on how much rental loss you can deduct again your w2 income as a real estate professional? Thanks so much!
Investment Info:
Single-family residence buy & hold investment in Mechanicsville.
Purchase price: $389,000
We bought our first home in southern Maryland while my wife was stationed at JB Andrews. We...
Hello Everyone,
I have been contacting owners of homes that look to be in disrepair for the past 6 months or so and I have finally gotten in touch with an owner who recently evicted her tenant and is now looking to s...
I’m new so take it easy! Looking to purchase my first Investment Prop. Small duplex. Property is in need of serious repair. Fortunately I’m set on the avenue to a contractor for the work required. However, I want to B...