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Results (10000)
DG A. How to Make Square Foot Adjustments to Estimate ARV for a Flip?
4 July 2017 | 2 replies

Hy BP People, I'm working on estimating ARV for my first flip. And, I'm going back through J. Scott's book, and he outlines how to do this. I have 2 appraisals that were done on 2 different duplexes (one I bought, one...

Kay Nemen Rental property with tenants in place - how to go about adjusting the rents?
2 March 2024 | 8 replies

Hi all! I'm about to close on my first rental property (yay!) - a quadplex in the DFW area with all units rented below the market rent (about 20% below). How would you go about raising the rent - Would you wait for a ...

Chris Martin $0 tax due with $109,250 adjusted gross income - it's LEGAL per 1040 Instructions
30 April 2023 | 5 replies

To me, the most important tax worksheet is the Qualified Dividends and Capital Gain Tax Worksheet on Page 36 of the 1040 Instructions.
Line 9 of the worksheet says: "This amount is taxed at 0%" What is line 9? It's (...

Elizabeth Bates Escrow adjustment on duplex resulted in $500 profit/month to -$30/month - options?
16 July 2023 | 1 reply

Hi, all! 
I own a duplex (purchased 2017) that I rent out both sides of (at market rates) and refinanced in 2021 for a great rate of ~3%. In 2022, my total mortgage went up by about $400/month due to escrow adjustmen...

Cynthia Leite Scope of work (SOW)
31 October 2024 | 4 replies

Hey BP fam, I am doing my first flip in NY and would love if you could share a SOW sheet that you have used. Thank you sooooo much

Account Closed Anyone hire attorney sue homeowner insurance company?
20 November 2017 | 5 replies

My friend has a water loss and damages in a rental property.
The adjustor came and had estimate already.
No injury.

But the insurance company finding all different excuses to delay my friend’s claim payment for ...

Gary Dezoysa How is the realtor fee, and other closing costs, adjusted on very cheap homes?
31 October 2014 | 8 replies

Hi, I'm trying to figure out what to expect in terms of closing costs as a percentage of purchase price for cash purchases on homes priced under $30,000.I know I'll save on credit report fees, loan origination, and ti...

Horacio Gutierrez How does a ARM 5/1 loan work
5 December 2018 | 6 replies

In a 5/1 ARM loan can the bank agree to a higher fixed interest rate for a 30 years mortgage when the 5/1 ARM loan is setup or do you have to wait after 5th year and then you will need to refinance into 30 year fixed ...

Emily Smith Recent mortgage rates in your city
29 May 2007 | 0 replies

Hi Folks,

Fixed Rate Mortgages in California

Fifteen-year mortgage rates averaged to 6.13%
Thirty -year mortgage rates averaged to 6.43%

Adjustable Rate Mortgages in California

Adjustable rate mortgages averag...