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Hi BP community,There was a recent ordinance passed in the state of Missouri (specifically the actual city of Kansas City) pertaining to whether or not landlord's can review and deny tenant applications based on sourc...
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My buyer's agent continually tells me that I should not worry about a positive cash flow to back-calculate an offer. Why? Because you don't want to show income (of cash flow) on your tax return, or else you'll be taxe...
So, my fiancee owned a house with her ex-husband. They divorced 10 years ago. Per the divorce, she would remain in the house and she and I would continue making payments for two years. After that time, she had the opt...
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Hi, I have been researching this online but have not found a definitive answer. I will try to keep the question simple though I think there are a couple of scenarios (whether you own a rental via an LLC or without one...
I want to do a cash out refinance and was wondering if I should it it two stages. Goal is to pull out as much cash as possible to use towards next deal.-Credit score is around 625. It’s low due to high utilization (&...
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Hello,
I'm working on a refi for my primary residence. A lender has offered us a loan estimate (waiving the appraisal) and magically valuing our property at $555,555. The loan amount is $445,000. This puts the LTV ...
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Hi Folks,
We have a SFH that we are refinancing with an appraised value of about $350,000. We will raise rents again in a year but our calculations currently show only $22 in monthly cash flow.
Notes:
- 5% Cap-Ex...
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Thanks for reading, I really need your inputs, thanks.I am a typical small time buy and hold investor with future aspirations to be big. I have 3 SFR in solid B neighborhood that makes decent cash flow. Started with ...
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What are the benefits of being a pro member for $40 month? What service do I get beyond the free forums?
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I have a few rental properties, all financed via conventional mortgages in my own name, and property titles also in my own name. I also have an LLC.
When I rent out these properties, the rental contract is between th...