Chad Wan
Lender cannot close DSCR loan due to Tax Foreclosure record on Primary residence
I was applying for a DSCR on my rental property (cash out refinance) and everything seemed ok, my FICO 680, DSCR 1.08, Appraisal $179K, LTV 65%.
Unfortunately, the lender cannot close due to derogatory on record on m...
Malik Welch
Doing multiple rehabs with revolving debt
Hey BP I have a scenario question for any rehabbers or Accountants.If I have a private lender lend me 100,000 for a year at 12% APR for me to use the money as many times as I'd like through out the 12 month period do...
Bill Adams
Highest Tax Bracket, Trying To Push Income To Next year - Tips?
Hi all, I have income that comes in from the highest tax bracket possible (over $1mm a year). I do have a strong CPA but was curious if anyone has any tips on things to look into that I might be able to do before the ...
Matt Scholten
Buying Real Estate with a Canadian Seller
Hello all, I am looking for some advice. I am currently under contract to purchase a duplex and the seller is a Canadian citizen. Does anyone have experience doing deals with a seller that is not a US citizen? I am wo...
Jimmy H.
Cross state investing
Looking to potentially invest in other states for commercial REI. I was wondering about the proper entity structure and potential tax or other implications of doing so. Is this a situation where I could incorporate as...
Liz Stewart
Should I sell or hold this investment property
I have this investment property in DFW, TX I bought in 2016 for $195K. It's in a city right next to a very good booming area with very good school district. This house has been paid off and has no mortgage. Rental in...
Weng L.
Tax for rental incomes from properties under LLC or S Corp
Hi all, I have a question on how tax is reported for rental incomes from properties under LLC or S Corp
Fannie mae and freddie mac limits each borrower to have no more than 10 financed properties. I've seen people me...
Thomas Burns
Analyzing #'s when you have no #'s
Hello all,I was playing around with the rental properties analysis while going through the MLS. What do you guys use when you come upon a property for, let's say, insurance? Obviously you aren't going to go and get ...
Chad Kastel
Property Appraiser Website Philadelphia
Hey Bigger Pockets,
I have a client that says that the property appraiser website in Philadelphia does not work correctly. I have no way to verify this since I don't live near Philadelphia and have never done bus...
Moustafa Ahmed
[Calc Review] Help me analyze this deal - NJMult Family Property
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