Ok my understanding is that repairs and improvements to get a property fixed up so it can be put into service as a rental are added to the basis of the property per what the IRS says. So with that said, I have a coup...
Hey what's up community!
New to this real estate investing world. Starting to learn things, listen, read, calculate, etc.
I wanted to just sanity check some logic with someone who can help me understand a bit - if y...
I'm looking at a pocket listing to potentially purchase and flip. I have my own idea of what I think the the value of the property would be post improvements, but would like to consult with a local realtor for a seco...
Hello Everyone, I'm currently shopping around for local credit unions that offer HELOCs and looking for feedback from anyone that has experience. I'm located in Fort Lauderdale and own my home outright. I'm looking to...
Hi BP! I hope ya'll are looking forward to a great Labor Day weekend! Here is the scenario and numbers for a property I've purchased at auction and I'm struggling to figure out which is the best play/course of action ...
Hi, I’m under contract on a great deal, yet I don’t understand how my cash out refi is going to work. Purchase price: $105,000 (hard money).Rehab: $30,000ARV: $200,000Refinance: this is where I get stuck. The lender I...
I am working through a PSA for the purchase of a self storage property and I would like to know what surveys you would say area) criticalb) nice to havec) unnecessarywhen acquiring a self storage facility especially g...
My wife and I purchased a single family home about 3 years ago and we are currently thinking about either selling the house @ market value or renting it out. I would love to begin using this as an investment property ...
Okay...With all of the threads going around about FNMA properties 5-10 I wanted to clarify how "DTI" is calculated for rental property for both the front-end and back-end ratios for:
1. Rental Property With Mortgage...
First discussion!!!!! Yay!!!!!I am not a real estate investor (yet). Id like to start a conversation debating whether to hold an already owned property and rent it out versus selling. I will post the numbers when i ge...