Greetings all,
I am new to the bigger pockets community, Hi! I am curious to know your opinions on the best type of loans for a BRRRR. I plan to be pre-approved before house hunting to understand my budget. Wish I h...
My wife and i are currently living in one side of a House Hack in Worcester, MA (about an hour west of Boston) and have access to 125k HELOC. We recently had our first child and are planning on moving into a single fa...
Commercial real estate lenders calculate interest on loans in three ways:✔️ 30/360✔️ Actual/365 (aka 365/365)✔️ Actual/360 (aka 365/360)Real estate underwriters should be aware of these 3 methods and understand which ...
I’m trying to determine my Building basis for depreciation.
Should I use the lower of appraisal cost vs county tax assessor? Or does the IRS favor one over the other?
My appraisal cost gives a lower percentage to b...
Hello everyone! I am relatively new real estate investing but have done my fair share of researching and am now looking to start up my business centered around wholesaling then work my way up to Fix & Flips, Holds...
I have ran across individuals who flip houses and am curious as to what techniques they use for tax filings when they are not incorporated under an LLC or S corporation? When an individual purchases a property, how do...
Hey BP. Question for all my developers out there. Anyone currently using newer technology/material doing their new builds to become more eco friendly? I understand that there is a "green tax" since its not common prac...
Hello,
I have a question about the BRRRR method - actually, it may not be about the BRRRR method, but rather the best method to finance single family homes (SFH) used for rental purposes. Here is my situation:
- My...
Hello. I'm reading two different methods of calculating max offer. Max offer = ARV X 70% - rehab costs. Also, Max Offer = ARV – Cost of Repairs – Buyer’s Profit – Wholesale Fee – Other CostsWhich is correct? why are ...
Hey bigger pockets members, my name is Micah and I am new to bigger pockets, I am in contract to purchase a duplex to house hack and save on expenses, what would be the best way to start the brrrr approach, I make abo...