Dustin Somers
1% rule for commercial property ?
I’ve recently started looking at commercial properties primarily retail store small shopping mall type and would like to know if the 1% rule applies in the same fashion as it does to multi family residential?
Kyle Belleville
FHA loan if already have a Conventional loan?
Hello Bigger Pockets community,
I am wanting to purchase a second home and begin my investment career.
I currently own a home under a 30 year conventional loan. I am in the process of refi the conventional loan for...
Erin Bryant
Should I take the private money lending for this deal?
Hello,I am fairly new to real estate investing and this would be my first deal using private money lending. Here are the details of the deal:Purchase price: 262,000rehab: 7500ARV: 340,000I have a private lender willi...
Angel P.
Question about Credit Score/Report
Does anybody know how long something stays on your credit report after you've paid it off? I've had a car loan for about 1.5 years. The term of the loan is 60 months but I'm in a position to pay it off completely now....
Christopher Persaud
South Bronx New Construction Multifamily
Hi,I just put under contract a property in the Bronx, near St. Barnabas Hospital. House is on a 25x100 land and according to architects, I can build up to 8 units, all 1 bedroom. Now I just want to make sure the math ...
Alex Ng
Flipping profitability in SoCal
Im looking to flip around socal. I was wondering what are peoples average profit margins here? How much are you making per flip? Does the 70% rule apply to here? How competitive is it finding distressed properties ? H...
Michelle Hagewood
CoC VS Cap Rate
I’m seeking my first SFH investment in the Oakland country area (Michigan ). I’m wondering if others in this market are content with analyzing 5% CoC or cap rate deals? I’ve put offers down so far in three properties ...
Penelopy Savory
Schenectady NY owned property.
Desperate for information here. I'm currently trying to put in an offer for a city owned property in Schenectady NY. There isn't much information about requirements available on their website. I did notice the owner-o...
Mike Auguste
The Augusta Rule - Tax Free Rental Income
What is the Augusta Rule?
The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax re...
Michael Baradell
50% rule on Single Family Home
Does the 50% rule apply to single family homes? If so, what is a good cash flow spread to expect? The property I am looking at will probably yield about $250/month cash flow according to the 50% rule. Is this enough?