Elie Merisier
Buying a Property with built in Equity?
Hi, I hope you’re doing well!What are some ways to purchase a property with built in equity, paying less than its worth.For example, let’s say you get a loan for $200,000. When the property get appraised, from my unde...
Tom Dwyer
Should I Buy Or Should I Go
I have been living in a rental SFH since 2008. It has been my intention to live here only until my kids went to college which the last one will be leaving to attend college this fall. The homeowner has been consider...
Arthur Banks
Rehabvaluator
Has anyone purchased the FULL version of Rehabvaluator as seen advertised on this site? What are your thoughts? Worth the purchase?
Lewis Hunter
Fair Market Value for Mortgage Note
Coming up on the first full year of owning a note in my SDIRA and I received a notice stating that Each year, the Internal Revenue Service requires Fair Market Values be provided for assets in your Camaplan Self-Direc...
Frederick William
Rental income and Mortgage investment property
Can I use future rental income on an investment property to qualify for a mortgage? I will not be living in the property. It will be completely rented out. I have 70% down payment.
Julio Gonzalez
The Importance of Understanding Land Valuation on Your Property
A cost segregation study is one of the most beneficial tax benefits for commercial real estate properties. One key piece of a cost segregation study is identifying the land value of your property as it helps you be co...
Mark Beekman
Basic LTV question
If I want to get a 75% LTV on a 20 unit apartment building, how does the bank determine the "value"? I mean, most buildings are priced according to their income potential which is usually higher than the appraised val...
Jack B.
Accountant is using a weird depreciation method, is he right?
He tells me the appraised amount of the structure (not including land, just the house) divided by 27.5 is NOT the depreciation method.He said the purchase price is my basis and that...Depreciable basis = basis * land...
Jorge Abreu
Methods to Speed up your Underwriting Process
I'm sure this has happened to all of us.
You fully underwrite a potential acquisition. You analyze the T12, look at the comps, plug in your debt terms, and determine your capex budget.
Sometimes, this can easily t...
Brian Christensen
What do i need when door knocking (contract?)
I know of a distressed property and plan to go knock on their door. As a newbie, I have no practical experience with doing this (I’ve owned two rentals, but no wholesaling experience). -What is the process if the owne...