Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!
Calling all experienced mid range multifamily investors and especially lenders! I haven't been able to find a thread that discusses this in the detail that is as helpful as a few threads have been on 1-4 unit BRRRR st...
has anyone had any experience, from a tax standpoint, in assigning a contract for profit? in other words, what type of income does irs consider this transaction for person assigning?
jim
One of the most important things that I'm learning is how important tenant screening is. That idea leads to my newbie question of the day:
What is your screening process? What are the things you're looking for in a...
Does anyone have experience with the Teacher Next Door Program? (Not the same as GNND)I'm wondering if I might use it to house hack in my area, or even to invest out of state. Would love to chat with someone knowledge...
So I'm 80% sure I'm going to be doing a deeper dive into GA, but I have eyes on OK, TX, MD.Lately I've been trying to glean info using google-fu and reaching out to agents in the area.What resources are you guys using...
Do these rules apply as much if you are working a full time job for another source of income? Would you still have cash flow if you just come close to these percentages?
Hey BP!I hope some of you find this post helpful.How do I correctly value an investment property? Simplistically, a valuation is a measure of how much a specific property (the “subject property”) is worth. Framed diff...
Hello,I am looking to build a 4 Plex in PA.I am in the preliminary phase of planning and my questions relate to entity structure, taxes, and finances Background:Land Cost $10K Build Cost $200KAppraised Value at comple...
hey guys -- here's one: - I live in a multi unit property (4 units) and would love to make an offer to acquire it from my landlord / owner- I have a single owner S Corp that does well, I pay myself a reasonable W2 sal...