Alan Russell
Converting home to rental
I need to understand what happens to the equity (for tax purposes) if I convert a single family home to a rental property. Would this convert at a current tax cost basis? For instance if I purchased a home for 125K ...
Mark Graham II
Seller finance exit strategies
So I’m fairly new to the idea, but understand the approach, and negotiation aspect of seller finance. Where I’m having some difficulty understanding is the exit strategy. I’m looking to do LTR on the property, and ide...
George Doran III
Analysis Paralysis or Not?
Been looking for a duplex near my new job so I can get into the investment game and bring down my monthly out of pocket expenses. I found one that is basically move-in ready and has a tenant in one side which is perfe...
Alex Ng
100% LTV properties
Hi, I'm looking to scale my portfolio. I was thinking of purchasing small multifam 2-4 units with DSCR and using personal loans to cover the 20-25% DP. I choose multifam because they have higher cash flow. I ran some ...
Joel Ubiera
New investor.Considering HELOC or other strategy.Unique situation
Hey everyone! This is my very first post. I just joined BiggerPockets, and I'm a fairly new investor. I'm in the Atlanta market. I'm in the process of buying my third property, a single family house for $80,000, and i...
Jeff Sacco
COC Return Question
When calculating a COC return, would I only use the money I put up to purchase the property? I have put in some CAPEX/Renovation dollars into the property, would that also go into the COC equation?
Michael R.
REI Plan
Hi,
I've posted a few times for advice but recently I have made the move to leave the world of being a rental tenant in order to live in a multifamily property and rent out one unit to offset the cost.
...
Michael Rodrigues
Cash out Refi or HELOC on rental?
I own a rental townhouse that has approximately 60-80k in equity (hasn't been appraised). I owe about 160k, and comps are around 240k.
I'm looking to get another rental property. Should I be looking at doing a HE...
Jonathan Ramos
NH House Hacking/Investing
Hello BP,I am looking for some investment advise. A little about myself I am a Drafter/Engineer in large commercial constructions serving the Metro Boston area. I bought a multi family home in the north shore Massachu...
Amber Roy
First Home Purchase (2012)
Investment Info:
Single-family residence other investment in Calgary.
Purchase price: $242,000
Cash invested: $12,000
A beautiful well-appointed unit in Calgary, AB that was my first ever home purcha...