Brittani-Kaye L.
How to find out how much owner/s owe on a house?
Hello guys,
There is this house in my neighborhood that has not pay their property taxes since 2014, so I’m assuming she hasn’t pay her mortgage payments as well. I have drove by her house a few days now and notice...
Wesley W.
90 Day Rent Abatement bill being drafted in NYS
https://www.nydailynews.com/coronavirus/ny-coronavirus-senator-gianaris-calls-for-rent-suspension-new-yorkers-20200319-unw3kcrtbnhvbnvkvymskhjdv4-story.html
I'm not sure what to say other than a 25% decrease in annua...
Denver Chavez
BRRRR VS Renovation loans
Hello BP Community,I recently purchased a single family property with a conventional loan that I'm currently developing (In the planning stage) into a 3-4 unit property. I'm trying to decide if I should fund the renov...
Nathan Galvan
Collecting/Paying rent
Hello, I am looking to purchase a duplex with my fiancé sometime next June. This will be my first property and I plan on renting the other unit out. I am a BEGINNER to all of this. When it's time to pay the mortgage e...
David -
Does NOI include debt service?
When you see apartment complexes for sale on loopnet and it has NOI listed, is this after all expenses except mortgage payment or is this including current owners mortgage payment(if they have one)?
david
Paul Brady
Bank calculating rental income wrong?
I have two rental properties
One with a $5400 mortgage payment with $6600 in rents coming in after expenses ($1,200 in profit)
Another with a $2000 mortgage payment with $3000 in rents coming in after expenses ($1,...
Joe Brooks
USDA Loan and Rental Income
I’ve been researching how USDA Guaranteed Loans calculate the buyer’s rental income from a prior property. From what I have read, they take the rental profit/loss. If you are profiting, that is added to your income an...
Dwan Twayford
Find Out How We Can Be Able to Own A House In This Recent Economy - Another Series
11
Jun
WHEN WILL THE HOUSING CRISIS END - PART 3
Written by admin
Hi Friends,
Okay…so now you know that statistics for loans in 2000 and in 2006…so let’s pick up from there…
In 2000, 81% of the people who ...
Petr Anisimov
To prorate or not to prorate on a wrap loan
We are buying a property from a wholesaler in Albuquerque, New Mexico and the following issue has arisen. Is it normal that rent and mortgage payment does not get prorated at closing? The wholesaler says that it would...
Zachary Engen
House hacking down payment
I'm trying to understand how house hacking is so profitable, putting down so little money, 3.5% or 5% would make for a hefty mortgage payment wouldn't it? Thanks for any input in this.