Arthur Voskanyan
Understanding FHA income levels
I’m looking for some general knowledge about understanding FHA loans. Are there income cut offs for qualification for FHA loans? For example, If your income is $100k+, you can still put down a minimum 3.5% with a scar...
Josh Broks
Understanding Developing vs Existing
Hi all, My name is Josh and I own few properties that I rent in the west coast. I found a great opportunity to buy a lot / land for development in an area that there is very low inventory. I am trying to figure out so...
Michael Mastropaolo
Understanding the 2% rule
Hello all. I'm new to this industry and trying to ingest as much information as possible. I'm currently going through the UBG and i'm on the section of the 2% rule. I live in a major city and I'm just not understan...
Matthew Teifke
HB10 + Calculator Understanding amortization
I'm working on a commercial deal and the LL is trying to amortize the TI at a 10% interest rate over 7 years. The space is 3,600 and $30 TI is being amortized. When calculating this equation do I divide the interest...
Tiffany Campbell
understanding a wholesale calculator
has anyone recently used the wholesale calculator. im testing a deal im looking into and from what i put in t seems to be confusing cause this is what i get... According to the data you provided, you can afford to off...
Justin Dao
Understanding California rent control
Hey BPers,I wanted to better understand California rent control. I've read a summary of AB 1482, the 2019 California Tenant Protection Act, but just had a hypothetical question I wanted to ask to make sure I'm unders...
Priestley Leng
Understanding Construction Loan Terms
I’m trying to understand the terms of these construction loans to build a duplex and choose the better option ASAP.
Loan 1: Loan Amount: $525,000 - $75,000 funded at closing (less fees and reserve), then 6 draws of ...
Account Closed
Understanding Dekalb Zoning - HELP !!
Hello Zoning Experts,The Zoning for the property is R-75- SF Res Districts but the Land-Use says 102- Residential 2 Family. Currently, there are two buildings on the lot. Each building already looks like a duplex and ...
Josh Williams
Just to better understand
I was told in a previous post that CAP is irrelevant when evaluating a SFH, if I understood correctly.
But I still want to understand it.
About to cash-out on current residence
Refi at 135K
Insurance and taxes wrap...
Zac Davis
understanding hard money lending
im trying to understand how hard money lending works. at first i though if you find a lender and he wants 10% you would pay him his money and 10% when you reach the 3 month or 6 month term you set up. But If I'm payin...