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Hi All,I am refinancing a 26 unit apartment building in Idaho with Fannie Mae. I chose to hold the asset in my name and get a ton of insurance, umbrella, etc. But, with the refinance, Fannie Mae is requiring that I ho...
Investment Info:
Single-family residence buy & hold investment in Jacksonville, FL.
Purchase price: $344,000
Cash invested: $44,000
Sale price: $460,000
Bought an 80 year old recently reno...
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This may have already been covered in another post already (my apologies if so), but from my experience, the DSCR calculation is a bit taboo with some lenders. Many calculate annual expenses differently (personal and ...
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The first time I got a mortgage was 3 years ago buying my first home, that is and still will be my primary residence. Back then... I knew nothing, and felt like the lending process was super veiled and not really setu...
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Adjust accordingly!
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I purchased an SFR in Sacramento, it's currently a studio over a 3 car garage. We're planning on turning the garage space into another unit with the goal to get it zoned as a duplex. Has any in California converted ...
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Hey Guys, I'm about to go the self employed route and need a little help with how do setup my personal income taxso tell me if I'm going about this right....Heres just a simple example1. 5k rental income- 2k expenses ...
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Hello BP members,I am just recently join the BP forums, so I'm not sure if I posting this at correct section.I am trying to analysis if this deal will work out base on the limited knowledage I have and hope I get numb...
So im new to RE investing i like the idea of buying homes and renting them out. However i dont have much capitol for down payments. There are 2 properties im am interested in. Is it possible to pull this off? First is...
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I'm in the middle of purchasing replacement property as part of a 1031 exchange and am trying to get some clarification on allowable closing costs that can be paid by the 1031 proceeds. My 1031 company sent me a list...