Hi officially my first post :-). Anyone know how lenders determine the income allowed from an income producing property to determine d/i ratio ? What line on the tax returns is used, and the formula ? Also looking to...
Hi Bigger Pockets Community,We currently manage 1000 odd doors across two cities in the co-living space in an opco/propco structure. Over 3.5 years we have built both brand, data and the customer experience required ...
Hey BP,We own a 7 unit zoned multi family that we run as a boutique hotel/STR property. We purchased it 9 months ago with hard money, rehabbed all units, have been operating for about 6 months and are looking to cash ...
I have been pursuing multiple strategies for flipping houses and being able to pursue my goal of restoring neighborhoods. Along this line of thinking my investors and I have been considering builder financed projects....
I currently own two multifamily units and am looking to take the first step in buying 22 unit apartment building. Here is the deal info:-
Apartment Budling with 22 units. Operating Expenses includes taxes, vacancy, ...
Hi BP family,I'm trying to build a template excel spreadsheet, which would include products and pricing for materials from Home Depot. Also on this spreadsheet would be different labor rates from local contractors and...
Hi. New to REI. Not new to RE ownership. I live in NYC and own within 2- 3hrs. I want to do flips. NYC is a tough area if you don't have a lot of cash. While I've enjoyed reading posts at BP, most folks seem to ...
I am in negotiations on a 28 unit 4 story apartment building. I am looking to improve efficiencies of how the building operates. It is heated with a gas fired boiler that costs approximately $40,000 to operate each ...
I'm interested from both lending and especially liability. We're buying our first rental. We work as missionaries showing very low income in my name and a negligible amount in wife's name. File jointly. Should tit...
On May 25, 2012, the Consumer Financial Protection Bureau (Bureau) issued a Proposed Rule (Rule) which, if adopted, would govern the process by which a "nonbank covered person" may become subject to the supervi...