Thomas Alexander
FHA Duplex w/ Cosigner
I am finding a lot of conflicting information online and was hoping for some advice. I am looking at a duplex that I want to purchase using a FHA loan and my mother as a cosigner. I was told that since it is a multifa...
Enzo Pazos
55+ years old Community
There are 2 apartments available at a 55+ community. The prices are awesome (rents almost 2% of the property value). The only issue is that these communities do not want any investors. Because of that, there is a regu...
Jessica Marks
Wanted to Introduce Myself
Hello everyone!My name is Jessica Marks, and I've been in the property management industry for almost 20 years. I'm leaving the corporate world to pursue my passion for property management coaching, consulting, and t...
Ken Wang
Ask experience for bed credit applicants
(typo, I meant bad not bed credit... the system won't let me edit the title afterwards, :p )Dear friends, I have an applicant for my rental property. Everything seems ok. The applicant has a stable job (UPS for 27 y...
Peter Matus
Foreclosure auction ...
Hi there,I have maybe stupid question about foreclosure auction of property...I searched all possible documents and info and this SFH with all debt (1 and 2nd mortgage,HOA,attorney and legal fees and interest is aroun...
Vaughn D. Harris
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.Would this be a good BRRRR property. I do not necessarily need to put $8,000 into the property. I just f...
Barshay Graves
Rental Income
Why don't lenders count rental income for loan purposes for first 2 years when you may be paying taxes on this? Are there any exceptions?
DS MokNgo
Selling as a Foreigner
Hi All,I am a foreigner to US and considering to sell my property in North Phoenix. WIthout doing any rehab, I was told it would sell for 300-325k; with rehab (spending of 25-30k) it might be able to sell for 360-380k...
Tory Sheffer
Cost Segregation Study for Taxes
We just completed taxes for 2020 and with cost segregation study for one property we were able to write off $640k in depreciation for 2020. We paid $1.97M for this property and closed in 4th Qtr 2020. With our structu...
Ty Ottaberry
Is anyone else's lender hard as heck to get ahold of or is it jus
It seems that everyone else is on point on my team and right there when I need them except the most important one lol 😂 #1stworldproblems