Jeremy Bates
Can I buy a fourplex or not?
Credit score: 700-ish
Salary: 75K plus $15,000 from another rental property
I can have 20 to 26,000 in the bank for reserves but would also need to use it for the down payment (3.5%) if that's legal, to use it for bot...
Corbin E.
High sales price or too conservative of assumptions? (4 plexes)
Per the title, I am evaluating small multi's on the MLX (duplex - quad size) and have found 90% of the deals I encounter don't pencil. The confusing part to me is that the MLS listings will provide the 1) Gross Annual...
Phi Tran
Traditional 401k vs Roth 401k
Hello everyone, I am very new to this forum and excited to learn. I have a simple question to ask, and realize the answer may be to speak directly with a mortgage lender, however I am wondering if anyone knows first h...
Steven J.
Running Numbers: how do you take out your vacancy?
I'm curious as to some small details in running numbers some of you do.
I've been running numbers in the BP buy and hold calculator versus another speadsheet an investor gave me. They both are very helpful an...
Bethany James
Fair fees for managing STR
I have been onboarding properties and automating them through Hostfully for a friend who is a real estate investor. We had agreed on a specific price for this initial process. She recently approached me about taking o...
Carlo Seta
Would you do this deal...
OK. I'm brand new to this. I found this property. It is a few miles from a very good area.
This property is in great shape. It sold for 120K about 5 years ago. I think I can get it for around 53K. I have the cash to ...
David Mirza
how do banks calculate income for an existing rental
I understand that for a Fannie Mae conventional loan, if you don't have tax returns for a rental, most lenders will count 75% of your rent as income and the full PITI as your debt. The part where I'm not clear on is ...
David Lee
How do I figure out a value?
I am looking at a 6-plex and I am trying to figure out what kind of offer I should make. I am also trying to figure out what the ARV will be. I have several comps with in 2 miles in the last year but this is the fi...
Brenainn Kilchoer
Retirement goal setting
So my goal is to retire comfortably as soon as possible and fly airplanes for my own pleasure and not for anyone else.ter Everyone says it's important to set goals, and publish them so that you're held accountable, or...
Kyle Scofield
College Student w/ LLC filing for taxes
Can I still be claimed as a dependent on my parents taxes? How does this work?Thanks in advance to anyone that answers!- Kyle