David Martin
Schedule C or Adjusted Gross Income for Mortgage Qualification?
For conventional mortgage financing for us that are self employed and also use a Schedule C, do lenders consider your AGI as well or are they more/only concerned with the numbers on your Schedule C?Thanks!
Stephanie Sicard
Should I use Property Management Software ?
I am a newbie investor and I will be purchasing my first triplex in a few months through an FHA Loan. Do you think it is necessary to start using property management software or could I use spreadsheets to keep track ...
Arron Paulino
Funding LLC Starting Out
This seems like a very newbie question. How do you begin funding an LLC? Do I go into my local bank and let them know that I am looking to open a business checking and/or savings account under my LLC? Once in, do I ne...
Leland S.
How to account for flip gross profit
Hi Folks, I have a master spreadsheet with all my costs for a flip. I'm confused though as to how to calculate my gross profit. I have considered any and every expense associated with the project, including credit car...
Frank Mirando
Commercial Property Analysis and deal structuring.
Hello BP Pro's,I could use some advice in the commercial space. My father owns a successful trucking company here on Long Island and we are looking for property to call home base. We found a great property which has...
Dan V.
First Mobile Home Park
Investment Info:
Mobile home buy & hold investment in Newport News.
Purchase price: $350,000
Cash invested: $100,000
33-lot mobile home park, with 30 mobile homes and a single-family house.
...
Brittney Lundeen
Financing for REI
Hello all! This is my first post as a BP member! After a long time of dreaming I am finally ready to set up a plan and get going on my REI. I've been researching for about a year now, but I'm still confused about fina...
Abdessettar Ibourki
Cozy.co -- Experience and feedback.
Hello All,I watched few YouTube videos about Cozy and how it can make the property management much easier.I wanted to know your experience with it and if you would recommend its use and if there are any downsides on i...
John O'Brien
Opening Separate Bank/Credit Card Accounts in LLC
I'm looking to set up a separate bank account for my first rental and was wondering if anyone had best practices to share? The property will be in an LLC. Ideally, I would love to set up an ally-type-account to hold t...
Jacob Counts
Getting Funding When You're First Starting
Hey Everyone,I'm in Lynchburg, VA and want to get started on flipping houses. I don't have any personal capital to get started, and need to flip some houses to change this. All of the money I make on my full time jo...