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Results (10000)
Matthew Terry What happens when DTI Ratio exceeds 50%?
7 October 2019 | 0 replies

Hello BP Mates,New buy\hold investor here, but I want to ramp up fast and I'm planning for the future.If I'm buying residential properties with traditional or BRRRR method, there will be a time when my debt is out of ...

Briyana Hawkins New construction - Cost to build exceeds value?
11 May 2023 | 4 replies

Hey BP Fam.. need some help! Spoke to a builder today who believes the cost to build our duplex is going to exceed the value in the area. 
The neighboring lot is a 952 sf duplex (total sq ft- not per unit), appraised...

John Woodrich Rental Insurance - Has anyone exceeded their limits?
12 December 2017 | 0 replies

There is a lot of talk about getting liability protection through LLCs and people on here who purchase umbrella policies to hedge against the risks of owning property.I don't want to debate whether any of these help, ...

Account Closed what to do if repair costs exceed ARV?
6 January 2017 | 14 replies

Hey guys i am currently bidding on a deal i want to wholesale. I got my contractor out to the property to give me a repair estimate and  the amount of money to repair the property is $140,835 and the ARV is bewtween 1...

Jordan Hamilton First deal - overpriced illegal triplex (exceeds 1% rule)
21 February 2021 | 6 replies

Hey everyone, it’s been awhile since I posted here and really need some advice for my first deal in the Miami area (allapatta). I have been searching high and low for a deal that cashflows and I finally found one. It’...

Herbert Lewis First Buy and Hold/ Exceeding the 2% Rule!
11 April 2021 | 0 replies

Investment Info:

Townhouse buy & hold investment.

Purchase price: $30,000

Cash invested: $5,000

Sale price: $53,400

This is the first buy-and-hold property I purchased in 2018. The area is a ...

Charles Cruse Depreciation exceeds income, do i get a refund?
3 July 2020 | 6 replies

Hi All,
Looking for some sources or answer if available. I am currently working abroad long-term. So I am not taxed in the US on the income I earn from my job. However, I do own a rental property in the US. 
I know ...

April Hamm Fannie Mae maximum exceeded - what does this mean?
13 May 2023 | 9 replies

There's an MLS listing I was looking at that went under contract, went pending, and is now back on the market.  They have now added this to the listing description.  What exactly does this mean?  "Owner-occupancy base...

Robin McMullen Cash to buyer if Seller Assist exceeds limit?
23 August 2023 | 6 replies

I've just sold a house in Pennsylvania and offered a seller assist of 3%. At closing, I was informed that the buyer's lender has a 2% seller assist limit. So the house sold for the original agreed upon price, however,...

Account Closed rent not exceeding 33% of income rule question
31 August 2014 | 4 replies

I'm in the process for finding my first tenants in my first rent house. I'm just a little confused about the 30% rule. Here is what it states in my criteria: ''Monthly rent shall not exceed 33% of gross monthly income...