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Cost Segregation???
Hello, I recently bought a small store just outside of LA, and my accountant was telling me if I wanted to save some money on my income taxes for next tax season, I should consider a Cost Segregation Study. He told me...
Stephen Seaberry
I'M STUCK!!! No idea how to estimate rehab cost
So I've read @J Scott's The Book on Flipping Houses, purchased the Enterprise Edition of the house flipping spreadsheet, navigated Homewyse.com for hours, and I'm still stuck. I have absolutely no experience in cons...
Ikenna Okafor
Cash out Refi - Loan Fees and Costs, What is reasonable?
What amount of fees are expected these days in a cash out refi? How much is reasonable when it comes to loan fees? I had planned to do a cash refi on one of my investment properties, but the fees are too high. With t...
Angel Velazquez
Using Hard Money for a Primary Residence
Hi Everyone - Me and my wife are hoping to purchase our first home this year and I wanted to get some opinions in a strategy we are thinking of. Our main goals are to 1) Have a home of our own2) Build equity in the ho...
Justin Megna
How can I learn renovation costs?
I'm extremely interested in learning the BRRRR method. I already have experience researching ARV through comps and rental rates. But I feel completely ignorant when it comes to estimating renovation costs. How can I l...
Account Closed
Problem finding residential lender
I am purchasing a parcel in Pittsburgh that contains a nice house and a second house that I will demolish after closing. Lenders will not finance the deal while the junk house is on the property. I think it is a fanny...
Todd Jones
Need Help Evaluating a Potential 14 Duplex Purchase
I am currently evaluating a transaction to purchase 14 brick duplexes in a package deal for $1.6 MM. Eight of the 28 total units are 2 BR/1 1/2 BA and the remainder are 3 BR/1 1/2 BA, with rents ranging from $650 - $...
Julyana Silveira
Is my plan a good idea? HELOC + Rent
My uncle owns his home and doesn’t owe anything on it. I was thinking of proposing the idea to him of taking out a HELOC and reinvesting that money in other rentals. According to public records , his house is assessed...
Jon Crosby
Windstorm Coverage
Hello, we are looking at some turnkey investment options in Independence and Raytown and finalizing our cash flow analysis. Being from California, I don't have much insight into Tornado/Windstorm coverage but assumin...
Maria McGary
Insight into financing a purchase from city government
I am seeking opinions/advice.The city is selling a vacant property donated to them by a bank. It needs improvement - two big ticket items (roof repair and windows). The property costs less than $5k. I would like to ha...