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I have an STR that shows income on my tax returns for 2022 but obviously not 2023. Are there any specific lenders that will use 1+ years of income so the mortgage on the STR isn't killing my DTI ratio? The banks I've ...
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Hi BP community,I have a question regarding When I can claim Rent $ on a property as " Income" My situation is this ...... I own a house that has a Mother-in-Law wing attached to it ( By Roof line only ) .There is cu...
Hi All-I have a question about 121 exclusion rule. I understand I must own and live in my property for at least 2 out of the 5 years. My friend and I bought a house together as in tenants-in-common ownership in 2011. ...
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I hold land personally with my wife that I am selling and at the same time I am purchasing my first str. The str will close before the land sells and then I would like to recast the loan to pay off a portion with the ...
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Good evening,I'm an investor out of state, the owner of a single family home in Cleveland.My property manager told me that the city of Cleveland has initiated a new lead based paint certification, moreover this certif...
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resident left apartment and left water running in her sink. It over flowed causing the need to replace the counter top, base cabinets and carpet in living room and dining area to be replaced with new. Pictures were n...
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Hello All! I am very new to this, and have been fed a lot of bad information over the past two years looking into buying and selling real estate. I say two years because I have been researching investment options, sto...
Hi, I’m 20 years old and wanted to start investing as soon as I can. I’m new to everything when it comes to buying a property. I want to know step by step on how to find an investment property and how to get it under ...
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Hey all,Wanted to ask if anyone here has any experience in dealing with LIHTC programs when investing in apartment buildings? Tenant protection last for another two years and they have the property priced at a 4% cap ...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $450,000
Cash invested: $28,000
Sale price: $650,000
We initially bought this property to hold it for a ...