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Hey guys, I've got a question about income requirements to get approved for a FHA loan. I'm planning on purchasing a $250,000 house with a 30-year-fixed FHA loan with 3.5% - 4% down. My goal is to have a monthly mort...
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I'm trying to figure out how to calculate what my maximum total purchasing power is on a OO (house hack) 4 plex.
I have no consumer debt of any kind with one outstanding mortgage of approx. 87k on a cash flow positi...
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Hey everyone - An opportunity has presented itself to potentially purchase a 12 unit apartment complex. It is two 6 unit buildings. It looks like I will be able to partner up with a friend and get the down payment tog...
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Hey guys hope someone can help me. I am flipping a home, which It is to my understanding that I can not 1031 it. I’m curious as how I need to structure/ save for taxes on the sale. Here is a small run down, I formed ...
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Hi there,
I have found a group of four duplexes, all are fully rented with month to month leases, that I am interested in buying. It will be my second investment package as I already own an SFR and am trying to buil...
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I am brand new to investing and my passion is in hospitality so I am looking to start with a STR. I know there is a tool here to determine if a long term rental is a "deal" but I want to know where to begin in findin...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Holyoke.
Purchase price: $780,000
Cash invested: $300,000
Purchased 6/2020 with 25% vacancy and a gross operating in...
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20 Unit Brick Apartment, Pitched Roof (new x 5 years)
Separate metered utilities (owner pays none)
All electric central air/heat
No Vacancy, waiting list to get in
Debt service: Asking 750,000 Get for 680,000
680,...
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Hey guys, wasn't sure where to post this but I met with a self storage owner today who has a 62 unit facility in the North East. Numbers seem solid, only 3 years old, 95% occupancy the entire time, and looks to be aro...
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What taxes do you pay when you receive passive income?
also can someone please give some details on other types of income.