It's been a while since I've shopped a residential loan (last few have been commercial). I'm actually house hacking a three unit and need to pull out an owner occ residential conventional.In the past, I just went th...
I just watched Jerry Pucketts podcast which was filled with some awesome info. I liked his formula for finding the price he could purchase a property which isARV-rehab-(your fee). I wanted to see what other wholesaler...
I'm starting to get a general idea of how I should look for a property that would be good to purchase, renovate, then rent out. I'm a little lost on which formulas I should use when considering a property. Things like...
Hope everyone is doing well!I’m looking into some deals currently and am struggling to get my MOA since I’ll be using a hard money lender. How do I factor the hard money lenders numbers into my whole MOA.Also does any...
Hello, I got some caffeine in my system so let me know if you do not follow. 1a) I know that Interest on the mortgage is deductible 1b) I know that property depreciation is tax-deductibleTotal Tax Deductions = (Inter...
I have been Offered the opportunity to buy a MHP. How do I determine if the asking price is too high? The city tax data has the property appraised at $220k. None of the MH's are owned by the seller. They just collect ...
When figuring out a MAO, where do I get an idea of the buyers fixed costs? I know each buyer may have special agreements that may make his or her fixed costs different, so how do I go about getting this figure from a ...
Does anybody know how property tax in Wyandotte County, Kansas is projected after acquisition of an apartment building ? I was wondering if you have a formula to calculate the projected property tax for properties in...
Does anyone have an excel spreadsheet with formulas that calculate federal capital gains tax based on assumptions for capital gains AND income?I can calculate capital gains in a vacuum assuming $0 of ordinary income, ...
Hi BiggerPockets Ok so I wanted to write a post to get feedback to see if I'm on the right track on figuring out the comps and what to offer the seller on this particular property. I recently came across a podcast on ...