Khari F.
FHA one yr residence requirement
Hello What qualifies as primary residence per fha requirements? Mailing address? Percentage of time spent there?
Account Closed
Why do we not factor P&I into NOI?
I've read several iterations of 'How to Calculate NOI' here on Bigger Pockets and most all indicate we should not include capital improvements or additions, principal and interest, amortization loan points, income tax...
Brad Semenoff
Anyone with experience with a HELOC from Chase
I know the prevailing advice is to bank locally, but I’ve looked at the rates that Chase bank has for their HELOC and they seem to have better terms than what the local banks have posted. I particularly like the fact ...
Davie White
My friend gave a private loan to someone and is asking can she deduct the principal
My friend loaned someone money for a real estate deal. The person does pay her back and she did report the interest income. But she wanted to know if she can deduct the principal amount that she paid to the person o...
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
Posting this duplex that I found here in the heart of Eastern Michigan, I've been frequently trying to run numbers on duplexes and investment property listings as an up and coming agent and investor to try and gain wh...
Justin Megna
Expenses or debt service? How do rental esimates work?
I understand that a typical rental analysis takes the monthly rental amount, sets aside 5% for vacancies, estimates 50% for expenses, and then makes sure the remaining 45% pays debt service and leaves a profit.But I'v...
Nick Zocher
Do Back Payments Matter To Mortgage Balance Bottom Line?
Extremely newbie question, but I'd love clarification.I was speaking to a lead today who's bank statement said they had a remaining mortgage balance of around $500,000. The statement also highlighted that they had $60...
Skylar Howard
Why the banks need to take shortsales.
Here is another email I received from the local SS group:
Here is a great Article which you should print out and give to the BPO Agent and/or Appraiser when they meet you at the house to get the value.
This Article ...
Josh G.
Lowest Rate Lenders for a Refinance?
What lenders have given you the best rates? I'm looking to refinance. When I got the loan from AmCAP, they were the lowest at the time, but I'm having trouble getting a call back from them now.Josh
Amy A.
STUCK! Seeking encouragement for which route to take.
I'm looking to start my RE investment journey. I've hoarded cash, am debt free with a credit score of 815. Ready to go. I currently rent. I've heard three schools of thought as to where to start. What is your opinion ...