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Hey everybody! Is anybody here investing or has invested in Minneapolis? Or even lives there. If so, would love to hear your thoughts on the market. Appreciate it.
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I have 9 rental homes which I have been entering seperately on parts A,B & C of three different pages of Schedule E on my Income Taxes. Expenses which are exclusive to a particular house are listed for that house...
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Hello All,
I have been looking into DSCR loans and while they seem enticing the 20% down is a bit of a hurdle. Does anyone know if the DSCR can be combined with a 80/10/10 loan to bring down the cost of the 20% or ar...
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Basic question here:Can I 1031 two properties into one property?
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Do you make sure they would both qualify on their own or kind of combine their screenings? For example, if one has a high credit score and the other one a lower score.
Here is what I'm looking at now:
A couple appli...
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My father owns a 4-plex in central CT. Two houses and 2 apartments. The main houses are 3 bed, 2.5 baths. These are side by side. In each side's basement is a studio apartment (full bath, no kitchen). These apartments...
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Hello fellow BPers,I find myself in a unique situation that I am hoping someone with more experience will be able to help clarify for me. The short explanation of the situation is that an 8-unit, 2 building property (...
Has anyone sold 2 investment properties and combined gains into a 1031 exchange for 1 replacement property? Tips?
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Hi everyone. I have applicants (a professional couple in their thirties) to rent a single-family home I own. They seem like fine people - no reason to believe otherwise. Their combined income is 7x rent. Their credit ...
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Looking to fill my first rental property and looking to confirm the minimum income.I have read in the BP book that we should look for a minimum gross income of 3x the rent. My question is if I have two people (not ma...