Hey guys, I need a little direction here. Looking at a great condo in a downtown area. Found the same one on airbnb, seems to rent really well and the area gets great reviews. Seller is asking $109,000, Up to 6% closi...
Hey everyone so I searched the forums for a bit and maybe I need to search longer but here is my question.We are a licensed brokerage in Georgia. We would like to start hiring agents to wholesale like New Western and ...
Hello BP!So, my wife and I have a condo in South Florida that we bought in 2005. We used it as our primary residence for a year or so and then had to leave due to military transfer. We've held it as a rental ever sin...
Hey everyone, I am in a unique position and looking for some guidance. The short question is, should I take a loan if the borrower is willing to do an interest only loan for the same interest rate?This is a family mem...
My questions stem from velocity banking...1. I know there is a tax deduction for writing off the interest on an investment property is it dollar for dollar?2. Let’s say, an investment property has a mortgage and ...
Investment Info:
Other buy & hold investment.
Purchase price: $210,000
Cash invested: $25,000
Purchased as our first home, in '16 at 210k. 1900 sq ft. townhome single unit - built in '84 - tri le...
I am a new investor who will be doing the BRRRR strategy in Ohio.I am in the process of creating an LLC.I am told I should get property insurance, and an Umbrella policy....Should I be getting a "personal umbrella pol...
Hey allI have been creating my own spreadsheets and basing it off the BP calculator for a rental property. I found that Bigger pockets definition of NOI includes principle and interest. This also is reflected in the c...
Hello all! The all-in-one loan, (according to my current understanding) is essentially a home equity line of credit in which your income minus life expenses minus your mortgage interest hits your mortgage debt princip...
Hey BP community! Are there resources available to the general public to find out if a seller has a current mortgage payment and how much remains in the principle? If so, what tools are there? If not are there other a...