I saw this property on Loopnet:

What would you ask about/analyze?
How would you get financing?

24 unit in Chicago
$2.38M
8.17% Cap Rate,
100% Occupied,
7.51% Gross Rent Multiplier
Bonus 2 lots 35x100 one has SFR ...

Hi Everyone,I have a question. I subtract my closing from purchase price so who pays it? Seller or wholesaler (me)?Thanks 

Does one get taxed on the income produced from a rental property ? Not the property itself but the month to month income

Looking to BRRRR, but sometimes the comps I find are either inaccurate or missing information that may alter my analysis. Are there any other techniques that real estate professionals can use?

Hi,

Does anyone know how lenders factor in S-Corp loss for DTI ratio calculation? Do they take the loss, divide by 12, and add it to the debt portion of the ratio?

My apologies in advance if this has been asked befo...

So I have my very first STRONG lead on a wholesale deal. I spoke to the seller and it was an solid call. They are interested in selling for the right price but for starters the home is in a trust and secondly needs al...

For example, a tenant in a property puts down one month security deposit at the signing of the lease to landlord A. The property is sold to landlord B half-way through the tenants lease.

Now the lease is up and I ass...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Manchester.

Purchase price: $321,000

3 Unit multifamily that cashflows net $2400 a month. $800 per door.

What made y...

Hi Bp I have been an independent contractor for most of my life.  I am trying to understand exactly what a typical bank looks for when I apply for a residential mortgage. What number on my tax return will they use to ...

I keep reading about how there are so many benefits to being a landlord, because you can reduce your income taxes and such...

Can anyone please explain how it works? Like a basic overview? I have heard people talk ab...