I'm looking to purchase a turnkey rental property and have been talking to a company, Maverick Investor Group. I've been looking at some of their St Louis properties but noticed that a couple are in very poor school ...
Hello All, This is my first post in this forum. My two partners and I have 29 units varying from SFHs to 4-Plexes right now, so have not really looked at NOI on those. A 16 Unit came up in our smallish but vibrant Mid...
I am pursuing a HELOC of $65,000 on my owner-occupied duplex and was wondering how this will affect my DTI ratio when applying for future mortgages.For normal consumer credit cards, the lender adds up the minimum paym...
Hey BP family, I have just recently upgraded to Pro and am kicking myself for all the great info I've been missing!! I'm a newby investor with one rental out of state and I'm currently working on a flip deal with a f...
I thought we'd kick off our new Buying Real estate forum by seeing what factors are most important to all of you in the purchase of your primary residence.
Here are mine:
- Proximity to parks, shopping, services, an...
In the early spring of last year (2019), my brother, mother and I bought an rental property that none of us live in. It has two units, and both are currently rented out. I claimed the property on my tax returns (Sched...
I've always done my BRRRR MAO calculations like so: MAO = ARV * .7 - rehab costs - refi closing costs.About to do a BRRRR with HM and after doing some googling I saw some folks include the holding costs (seemingly in...
Hi all! I'm brand new to this community and look forward to learning (and, in time, giving) as much as possible! I'm located out of Baltimore, MD.
When running the numbers on a house hack opportunity, do you factor ...
I'm currently looking at a large plot of land in Canada of about 150 acres within 30ish minutes of a city. Market price is 600-800k range for a property like this. Since it's relatively affordable I'm considering buyi...
I'm working on an off-market deal and the seller has owned the property for a few months and is worried about their capital gains liability. In reading the verbiage on the IRS' helpful forum I found this:If the amoun...