I purchased a house that a friend is moving into and plans to purchase. He will be renting from me until he purchases. The house needs work and normally I rehab before I rent but he is one of the contractors that help...

Hey y'all!  I am looking at a PNL report for an apartment complex, and I am confused about a couple things.  These might seem like dumb questions, but hey, I'm brand new to this!  1.  What is the depreciation expense?...

Hi,    Could someone help me with how to deterimine a calculation for an investment property?   I'm looking for the formula for a 30% down, 10% interest only for 3 years, on a 5 year note.   Any help would be apprecia...

Hello BP Nation.After reading the post with link below:https://www.biggerpockets.com/forums/517/topics/60645-lender-scams-and-warning-signs-beware-protect-yourself-I decided to share this experience to ensure no one i...

P G.
· Huntington Beach, California

I'm selling a small investment condo I own free and clear. The asking price is 40% below what I paid for it in 2005. I have three offers and I'm trying to decide which way to go. M...

I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above apprais...

so I'm trying to understand the different types of refinancing and what would be best in my position. Here's the lowdown: I bought a 4 unit for 500k as owner occupied FHA 3.5% down and my current principal is 480k. As...

Cash Value Life Insurance VS Self Directed IRA

I know the two aren't usually talked about in the same breathe.  Each would be compared to other products in the same wheelhouse.  And they would be introduced by very...

Found an opportunity for a tri-plex property offering owner financing, 12% down, 0% interest at a reasonable asking price and good rents.  Sounds great!  Then she tells me she's got a reverse mortgage on the property....