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hello allI'm in search of a closing attorney here in FL , preferable in The Pensacola area, that will allow me to do a wrap around mortgage. I bought a deal with owner financing and I have a buyer lined up that I'm s...
Based on the 3x rule, should I be requiring their GROSS income to be $7200/mo? or their after-tax income should be $7200?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $350,000
Cash invested: $88,000
5 Bedroom, 2 bath home, fenced yard and detached garage.
What made you in...
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Hello to all BP members, I'm a new member and from what I see so far, this is a great site for investor's.
Looking to learn alot from you guy's and also will give my advise to those that I can help.
I wholesale REO ...
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Hey everyone,My wife and I have a primary residence that we are looking to cash out refi. We have been in the home for about 16 months and we are planning for me to take a new job and move to another state. We would l...
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Hey guys!I did an intro post before, but figured I'd make a more formal one now. Currently I am finishing my RE class to become an agent. I will gladly offer my services to you guys here, just inbox me and let me see ...
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How do I attain basis for depreciation on this property;l?I’m at odds with my CPA and looking to see what I can do to maximize my depreciation on the property I purchased a multifamily at an incredible deal, way unde...
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Hey BP!! We have a property we have rehabbed and are considering renting and pulling out equity to pay back our private loan and fund a new deal. We talked to a credit union about obtaining a line of credit on the p...
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Hello all,I am currently looking to network with commercial real estate investors in the Houston, Tx area. I want to hear opinions on cost segregation and advantages/disadvantages of the process. I enjoy having these ...
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I'm new to real estate investing and I have a situation that I need help with. I just bought a new house for me and my family but I didn't sell our old home. I do still have a mortgage on it but I didn't have to sel...