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I see rates on the internet for primary homes 30 year fixed rates. Is there a typically formula for how much that rate should increase if the property is an investment property instead of an owner occupied property? ...
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ok, my obsessive compulsive nature has ran it's course and I just cannot figure out on my own what the amount on my Form 1120S K-1 Line 15 represents. It has a code A and has something to do with depreciation and AMT...
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Hey BPers, I’ve got another question for you all.
I’ve been working through educating myself more and more on how to use comps to determine FMV and ARV, and I think from face value i understand comparing all the bone...
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Hi,Some youngin crashed his car into my Multi over the weekend. He hit the foundation. Doesn't look like much damage, other than chunks of concrete broken off. But this unit was built in 1900ish, and I want to make su...
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Has anyone acquired property by assuming an adjustable rate loan? What are the potential pitfalls? Will the lender let you assume the loan if it's in default status assuming you pay the defaulted amount? Do you hav...
Hi - I think I have found a solution for my unclaimed depreciation dilemma for rental property. For those who have failed to claim the correct amount of depreciation during the time you owned a rental property, have ...
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I just suffered a major fire that my tenants caused. Its been a month and very little has been done. My insurance company screwed up in insuring the property and are trying to cover it with their E&O policy. Any t...
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Dear bp family,
I want to know how you all feel about ARMs on cash-flowing rental properties. Im looking to possibly do an investment loan on a four family or duplex. The credit union and bank lenders (milwaukee,wi) ...
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Hey everyone, I’m trying to learn how to analyze properties and part of that obviously involves using comp properties. My question is how do I adjust the price of a comp property based on its unique differences? For i...
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Hello. I rent my main floor in my house to tenants. I live in Toronto, Ontario, Canada. My tenants have been good over the years. They've been at my house for almost 7 years. No issues. They've always paid the rent on...