Michael Bickel
House hacking in a sense?
So I own a house solely in my name, and my fiance lives in it with me (still another 1.5 years until we're married, for the purposes of this discussion). If I were to say she was renting from me (creating the actual l...
Josh Milewski
General Guidelines For Leverage?
In a recent post I follow I saw someone calculate the leverage percentage of a the deal being discussed which got me thinking. I know of the 1%,2%,3% and 50% rules but I don't think I've seen a general guideline on pr...
Account Closed
How many points for triple net?
Hello PB friends,
I have a good friend who is eager to buy and live in a home but cannot do conventional financing due to no credit and no "verifiable" income. Our plan is for me to purchase the property he ...
Christy Flora
Direct Booking Payment Question - Paypal, Stripe, Zelle
I have my short-term rental on Airbnb and also have a direct booking website. Currently, the direct booking site is very basic and does not allow for online payments (yet). I have two upcoming direct bookings in Sept...
Kenny Kuramoto
HELOC Stuck on how to start
Ok. I have a HELOC of $200k I'm having a hard time figuring out how to start and scale. There is only 2 ways I can think of to make it work. 1. Buy property outright and just pay the HELOC off slowly. 2. Is put a down...
Frandizon John Reyes
Debt to income ratio when you have rental properties
How do you calculate debt to income ratio when you have rental property? Are we using gross rental incomes or net? I own two 3-unit buildings in the Chicago area and live in one of the units. Total gross rental income...
Sandi L Williams
WHAT PERCENTAGE TO PAY PARTNERS?
I'm wondering what you guys pay percentage wise to your private money lender or partners who put down the down payment and monthly payment for the hard money loan.
Jonathan Alexander
payment for a co signer - is this a good deal for both sides?
I have my own house and one rental property. I can't qualify to get another mortgage on my own so I need a cosigner. Problem is none of my family is in a position to help. Here's what I was thinking as an incentive...
Thomas Dowell
Another SDIRA SD 401k question
I'm a new member here on the forum and have a couple questions about SDIRAs and SD-401ks. I'm just starting my career as an active duty military member but I also independent contractor work as a flight instructor...
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how do you calculate HARD MONEY???
hOW DO YOU CALCULATE A HARD MONEY LOAN USING A CALCULATOR? iN OTHER WORDS CAN SOMEONE GIVE AN EXAMPLE OF A SITUATION THAT THEY NEEDED HARD MONEY AND SHOW US THE MATH. THANKS IN ADVANCE.