On average how much do flippers in New Jersey pay in taxes? I’ve read that you only have to pay an income tax if it’s your soul income, that seems too good to be true.
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Hey BP,
I'm running into some DTI Road blocks and am looking for some help. I was under the impression that if you buy a new rental and the debt service coverage is substantial enough, then the DTI is essentially a n...
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Did you know....As of Jan 1st - the Gov't has forced on ALL lenders/banks in Canada - when approving a Borrower, they must pass a stress test at a Higher Int Rate (2% higher than approved) before getting the $$. Esse...
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Hello BP! I'm fairly new to this site. I just finished a single family renovation and about to list it for sale($165k). I was approached by a couple interested in a lease option/purchase deal.
I've never d...
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To those seasoned and/or knowledgeable investors, what do you recommend to a newbie who hasn't done a deal before, do first? Rehab and Flip? or Buy and Hold? and please include why.Thanks,Seang
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I have an investment property with a balance of $115K but it’s zestimate is $180K. Let’s assume I can take out a HELOC for $65K. Does the mortgage balance on my home go up to $180K or would the balance on that home st...
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I am looking to furnish a lakeside STR in northern Michigan and was curious if anyone has recommendations on pull out sleeper sofas or any other sit/sleep options. I’m curious about pros and cons of different upholste...
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I'm researching what it means to be an Owner/Builder in CALIFORNIA and came across this website:http://www.cslb.ca.gov/Consumers/Building_Official...1) Owner/builders NEED a contractor license if they "Intend" to sell...
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Hi, everyone! I'm looking to purchase a 6 unit multifamily property to begin my real estate investing career but I'm getting cold feet. I've analyzed and reanalyzed but I want to throw the monthly income/expenses out ...
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Hi all - I'm struggling with what the best type of analysis to use to come up with to compare investment options and wondering if anyone could help me focus on the right metrics.I am trying to make a decision on build...