Kwambe Smith
Estimates For Closing Costs
Hello Fellow BP Members,I am a newbie investor in the process of investing in tax delinquent vacant lots for the purpose or reselling. I've found a few properties that I'm interested in that I will be sending offer le...
Account Closed
Question about how depreciation is calculated
Hello,I have a simple beginner question about depreciating a building. If I purchase a property for $335k, and according to the county website the value of the property is $290,900 with the building having a value of ...
Steve Maye
Need advice for financing purchase
Hello,Recently I posted a topic about purchasing my next rental property. I had considered paying it off in full rather than any financing, but I received a lot of advice showing that having some debt was a good thin...
Kim Gerred
Mature Florida Tax Liens
Can someone tell me if the process is the same for Florida on mature tax liens as it is for Florida? Thank you!
Jose Delgado
Does this seems reasonable?
Duplex $110,000
25% down
South Texas
Admin fee $680
Tax service $80
Origination fee $825
Processing fee $500
Underwriting fee $500
Appraisal,cedit report, doc preparation $1036
Escrow, survey, guaranty fee, T...
Keivon Anthony Sassu
Closin hud help hard money
Closing on a property in Wilmington DE soon. Purchase price 45000 and rehab is 50000. My closing costs are 26000. This seems really high to meXCan this amount increase after closing? $81,304.75 NO NO NO12% $836.31Does...
Stefan St. Marie
How do you calculate gross revenue?
Is the "gross revenue" $708.10 or $541.26 for this booking?Is it what the guest pays? Or what the host receives?And is cleaning fee part of revenue?What is the industry standard for underwriting?
Drew Shirley
Taxable Event? Reinvesting Acquisition Fee as Equity
I'm working on my first apartment syndication and would like to re-invest part or all of my acquisition fee into the project as more "skin in the game." Is there a way to do this without paying taxes on the reinvested...
Cel Arrington
Average Cost of Cash Out Refianance
hey BP!
I had a quick question about what my expectation should be around a cash out refi for my investment property. A lender I've worked with in the past for primary residence is quoting me for something like 6.5...
Justin Walters
Maryland Closing Costs for All Cash Purchase
Make our first all cash purchase in Maryland and trying to calculate buyers closing cost. I have done some research but keep finding calculators only if using mortgages. Property is in Charles County. Thank you in ...