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BP folks, thank you (in advance) for your wisdom. I'm trying to understand how a BRRRR needs to be 'structured' in order to have the income (during the seasoning period) count in my favor (and not against DTI). You ...
I am offered the following deal:I will lend 120K to a company that will get another 460K from the bank to purchase and rehab a multi unit.During the first year the company will rehab all the units. At the end of 12 mo...
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Hello BP Community,
I am an investor here in NJ (one property in a college town). I was researching Property Management Companies and thinking about buying into a franchise Property Management Company. I would own ...
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We have just made our first claim after major water damage in a rental. The insurance company deducted nearly 6K off the payout for depreciation? This makes no sense to us and we have never heard of it before. Is th...
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If so, what type of business do you run and what bank did you do it through? I've spent hours reading about this, and thought it might be easier if someone just shared their success stories on getting approved.
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Investment Info:
Industrial other investment.
Purchase price: $2,675
Cash invested: $400,000
Leased commercial building to create a much needed small engine repair shop & commercial landscape bus...
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So like most all investors starting out, I have run into a money problem, but I believe I have several solutions. The most promising is converting my current Brokerage IRA into a Custodial type IRA to used to fund so...
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Please note that all amounts are in local currency. If you would like the deal in USD, please PM me or divide by 6.5.Thank you for any feedback!View report
*This link comes directly from our calcula...
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Client saw a property he likes. Duplex. Both tenants have leases lasting at least a year. Tenant in bottom unit has abandoned cars in driveway, trash outside and trash inside, based on looking through windows. My ...
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I am working on my first deal in St. Louis and seeking guidance on how to best select a lender for my first investment property. I have ~$20K for down payment and thinking I can purchase a property between $100K-$150...