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Is hard money loan based on ARV or current value?
Quick question. I know you can get a hard money loan for around 65% LTV, but is that the current market value of the home or the ARV?
Corey Todd
Beginner Investor based in South Florida. Scenario A vs. B?
Hey BP Community,Glad to be here! Wealth of information is an understatement for this site. Local market knowledge will be greatly appreciated and while I'm on that, also looking for mentorship and guidance from a loc...
Josh Sellers
Multi-family coin op or app based washers and dryers
Hey All, I have a value add opportunity here to get a coin op or app pay based washer and dryer into a multi-family I'm looking at buying. Are there any recommended brands for longevity or ease of use? I've never mana...
Stanley Dean
Best Real Estate based Tax strategy to offset YouTube income
Hi all please provide Best Real Estate based Tax Strategy to Get Tax deduction Benefit to offset YouTube Income for a 16 year old and can he be on a home title of ownership. what avenues are Youtubers employed to get...
Maher Dakkak
FT software engineer based in Austin starting out in REI!
Hello BPers!First off I want to express my gratitude that such an incredible community exists. There's so much knowledge and experience here that it's almost overwhelming to sift through everything in a short time. I'...
Zachary Summers
Down payment based on appraised value instead of purchase price
Are there lenders that base your down payment on the APPRAISED value rather than the PURCHASE price ??? Everyone I have called so for are saying 20-25% of purchase price. I have a house i am wanting to purchase for 6...
Jithin Yohannan
Single Family Rental Value Based on Comps vs. Income Stream
Hi All, I am in the process of buying my first property through a turnkey company in Indianapolis. It is a 4/1.5 bath located in the Lawrence neighborhood on 52nd street. Asking price is $75k (firm) and there is a ten...
William Collins
Starting to scale a small multi family BRRRR based business
So as I am beginning to scale my business. From 2 small multi's in 2015, to 4 in 2016, to a goal of 8 in 2017 (2 acquired so far) What are the things you need to scale on your list?So far I have:Built a standard parts...
Carrie Hiner
Based on these Numbers, What cap rate do you calculate?
4-plex in Austin Texas$560K purchase price$4500 taxes$250 property management$5000 monthly gross rentsInsurance, vacancy and maintenance are unknown. I'd be interested to hear what cap rate everyone come up with.
Travis Salley
Looking for a relationship-based Real Estate EA or CPA
Hello! My real estate business has grown to the point where I need tax/business strategizing. I have had tax pros help file my taxes over the years, but I'm hoping I can work with something where I can develop a r...