This flip is in northern NJ, middle class area in suburb, cape w/4 bdrms. and one bath.Purchase price (short sale, buried oil tank)   $112kRehab $50k (paint, refinish HW floors throughout, new fixtures and tile in exi...

Hi folks, Looking for some quick feedback from a financing perspective... What would you do/recommend? Here's a quick summary of the situation: 

I'm interested in putting in an offer on a duplex in distress listed...

Hello BP Community!I am working to acquire a portfolio of manufactured housing communities and have a few questions regarding depreciation I was hoping to find answers to or be pointed in the right direction. My quest...

Hey.I'm looking at a deal in Florida that is 100% vacant due to the property having one master lease for all 13 units, and the master lease ended now so it's fully vacant.I guess the pro is that I can easily renovate ...

Do I want ACV or Replacement for my fourplex?

Do lenders use principal and interest only when calculating your DTI ratio or do taxes and insurance also count?

Hi folks - I am in the market for a Property Manager in the Rochester area for a 12 unit property. Is the below fee schedule normal?


Line Item


Fee




Collected Rents


10%...

I am having problems qualifying for mortgages and HELOCS. Everyone says my DTI is too high. I currently carry about 11k in mortgages and they are all covered with rents plus cash flow of about15%(this includes my prim...

What is the tax rate -income tax- for renting property? Is there a State and Federal income tax? I know some states don't charge income tax on rentals, but you still have to pay the Federal income tax?Can you get a be...

I've kept this to myself for a while, simply because I didn't want too many competitors in my area. Well, now it seems like the word is out, so I'm going to share this with BP nation so that you guys in other parts o...