![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/325754/small_1694670085-avatar-worldknown.jpg?twic=v1/output=image&v=2)
So I currently own my 3 bedroom townhouse in Scottsdale, which requires monthly debt service of $750 a month, not including a $150/month HOA fee. Given the location and market conditions I believe I can rent it out fo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1323683/small_1695190988-avatar-shawnk62.jpg?twic=v1/output=image&v=2)
TBD, LLC
No. of Properties 1
Quote Date 10/20/2023
Property Value $ 549,000
Rental Income $ 8,125
Taxes $ 6,339
Homeowners Insurance $ 1,974
HOA (if applicable) $ 0
The above information was used to calculate ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/175138/small_1694784925-avatar-erickv.jpg?twic=v1/output=image&v=2)
What would happen if after you buy a NPN, the borrower decides to file for bankruptcy? What happens to you as the note holder? I assume if the borrower throws the property into the bankruptcy that it would go to th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/670366/small_1621495130-avatar-matthewt62.jpg?twic=v1/output=image&v=2)
I recently assumed a mortgage with build in equity. I'm planning to turn around and sell this property and I'm curious as to what my cost basis would be for taxing purposes. Just to make this simple. I paid $30 k to g...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1609515/small_1621514134-avatar-mattw360.jpg?twic=v1/output=image&v=2)
Does using a stock investment backed portfolio line of credit affect the debt-to-income ratio for obtaining conventional Fannie Mae & Freddie Mac loans? I would like to use my line of credit to flip homes and also...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/465067/small_1696416249-avatar-richardm65.jpg?twic=v1/output=image&v=2)
We moved five years ago and have been renting out our old house that is about 8 hours away. My wife and I decided to sell it to pay off credit card debt so we could start fresh plus it’s been kind of stressful having ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2208019/small_1694777431-avatar-thomasp302.jpg?twic=v1/output=image&v=2)
Hello everyone, I've been looking to get into real estate for years!! I finally have enough money and a decent job after finishing my masters. I am having one small hurdle I for some reason can't figure out mentally. ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/727531/small_1696952560-avatar-kylez6.jpg?twic=v1/output=image&v=2)
Ok, stick with me on this one...I am a potential investor and I'm trying to figure out the best way to start. Here is a quick rundown of my current situation.I own a house worth $210,000 - free and clear no mortgage C...
I am relatively novice and looking at a Class C multifamily
complex in a MCOL city (Philadelphia, Denver, Minneapolis, Columbus). Quick stats:
~30 unitsSafe, low crime, stable neighborhood,
but not trendy. Bui...
Considering buying a short term rental - wanted to know if anyone here has had any experiences, good, bad, ugly? The financials look pretty sound to me. HOA's are high, but overall seems like a good bet on the outs...