Here is my situation. My rent in New York City is $2,400 per month. I split it with my girlfriend but the lender said the full $2,400 counts against me as debt, then I own two rental properties which I just purchased ...

This can be tricky to figure out especially if you currently have rental property and write off a lot on your taxes.

One great question to ask your lender is what is their debt to income allowance for a conve...

The Ability to Repay Rule issued by the CFPB caps the maximum ratio at 43%.

Given that in most parts of the country it costs $75-$85 per square foot to build a site built SFR (sans land) a 1,200 square foot h...

I had a meeting with a loan officer from a small local bank. They do portfolio lending and I was sharing my past projects and my future plans. He calculated my debt coverage ratio for one of deal I'm looking at and he...

Hey!Does the 50% rule include taxes? Also, how are the taxes on multifamily properties made? As a regular LLC annually, quarterly, monthly?

Hey so I’m curious how this works, maybe someone can fill me in. Let’s say I make $4000 a month and am looking at 4 unit properties, to make it simple well say each unit pays $1000 each month.  In this case would I qu...

I want to buy an investement property within 6 months, but I am in paralysis analysis.I need help with number.What to look for un order to cash flow

We've never bought a property through foreclosure and have recently run across several possible acquisition properties that have peaked our interest.Although I've never bought property in this manner I have watched pr...

Hi everyone,I have been owner occupying a duplex (renting out one full unit plus spare bedrooms) in Dover, NH since 2016, get rents totally $3440 monthly, seen great appreciation on the property value, and want to ope...

Hi BP members,Can anyone please clarify the difference between cash flow and NOI? At first, I thought they both are the same thing until I started researching up on other stuff like the term Cap Rate, which confused m...