Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
The buyer is very much interested in purchasing a $950K home in the Northern Virginia area. They are seeking private investors for financing. He is a physician with great income, a 5% downpayment, and had filed bankru...
Fairview neighborhood in Anchoragehttps://www.biggerpockets.com/...I just completed my first few analyses of a potential 4plexes I'm wanting to house hack. This first one is in the worst condition, but the best prese...
Ok, so i got my first approved offer for a duplex ! price 23k ARV 200k+
needs total rehab ! Inside and out Was caught on fire 2800 square foot duplex ! My problem is my buyer wants to see the property Tomorrow and o...
Good day hope you all are staying safe during these troubling times. I was just curious what metric/formula you all are using to calculate ROI on a 0% down loan for a rental. Obviously you can’t use COCROI.
Hello BP,
Love reading all the various posts here and i recently purchased my first residential property. I am currently looking into commercial real estate investing and I'm wondering if anyone know any good Commerc...
Hello all,My family recently purchased a retail space in down town Acworth and in the deal got about $100K in equity. We are considering either a retail tenant (As we have some offers), or would completely renovate th...
Good Morning BP,Can anyone help me understand what happened at closing based off the Closing Cost Details and Summaries of Transactions?Closing estimated came to $1783. But ending of being $4599.12. Can you please exp...
I'm trying to understand the Fannie Mae (FNMA) cash out refinance limitations. Is it that you can only do it 4 times, or you can only have a total of 4 FNMA loans before they won't do it?So for example, let's say I h...
I was wondering if anyone has had any experience getting approved for an FHA loan while having a large amount of student debt that is still in repayment. I have a steady well-paying job and good credit but my DTI is q...