Rachel Luoto
How does a bank calculate cap rate? Will I have instant equity?
HI BP! Does anyone know how a bank's appraiser concludes cap rate in deciding property valuation? My NOI/purchase price puts cap rate at double(!) the market cap. Will a bank use the lower market cap rate to appraise,...
Ashley Lynn
Sell or keep as a rental
It’s been a while since I have been on this board. I purchased my current home in 2012. If I sold it today I would profit approx $250,000. My end goal has always been rental properties and passive income. This is the ...
Desmond Price
Rental to help offset 120K in income tax
Hey guys,Im trying to get an idea of how much a rental property could help with offsetting income taxes. Im looking for a SFH here in SoCal to rent out long term. The purchase price is 250,000 and the rental income is...
David Gomez
Sell NJ Home or Tap Equity for NC Home Purchase?
I'm planning a move to NC and trying to make the smartest financial decision with my current home. Here's my situation:
NJ Home: Worth $525k, $190k mortgage remaining, prime location in Bergen County with easy NYC ac...
Peter Kopchik
Lender's veiw on primary residence??
I own a 2 family home that I reside in. I recently talked to a loan officer from a local credit union. I was applying for a personal loan which I didn't get approved for. My credit age is too young and my revolving cr...
Bryce P.
Hello from Chicago! Arts non-profit investing in its future.
Hello from the windiest of cities!My name's Bryce and my wife's is Kendra. Together we are in the process of incorporating and registering a 501c3 community arts non-profit. In brief, we seek to offer mixed discipline...
Pablo Weber
More money down + bigger property or 20% down + smaller property for eventual rental?
Hi everyone,
I am looking to buy my first property, in the San Diego area (PB if you are familiar with the area). The average home here in Pacific Beach is over $1M and the market is very competitive. My plan is to l...
Sebastian Tamburro
New Investor looking to break into the foreclosure market
Hello BiggerPockets Community,
My name is Sebastian Tamburro, and I’m a Canadian currently studying at Colgate University. Alongside my studies, I’ve had the privilege of competing as a Division 1 hockey player, wh...
Russell Buxton
FED move likely to led to inflation?
Anyone worried that the FED QE program will lead to massive inflation over the next 24 months? Any tips on best way to position portfolio during high inflation environment?
Sunshine Bizz
$950 Rental, $110k Price, 9/10 Rate School District - YES / NO?
$950 Rental, $110k Price, 9/10 Rate School District - YES / NO?Guys, would love to get your feedback. Here is the deal:- $950 Rental value- $100k Cash Close- 9/10 Rated Schools- Low Crime- New home (5 - 10 years old)W...