Brandon P.
LAKELAND, FLORIDA - Attached ADU Questions
My wife and I have a house under contract in Lakeland, Florida (Polk County) with no HOA. Our ideal plan was to rent out a portion of the house to long term tenants as we house hack our first deal. We are ok with the ...
Laleh Omaraie
DTI Calculation Confusion
I have income from a W2, 1099s/Schedule C, and rental income on my house hack. Something about this seems to make calculating my DTI wacky; I know lenders aren’t just adding up my gross income from all these sources a...
Andrew McIntyre
A newbie question about multifamily
Going to throw out an example purchase for my questions, bear with me :) Ok, so I want to buy a duplex and rent it out. I'm going to just throw a number out, lets say total price is 180k. So question number one. I wou...
Nicholas Armstrong
During Older Duplex Inspection, Creepy Discovery.
I need help!So I recently got an inspection done on a duplex that we will be closing on next month.We climbed into the attic hatch and it was completely open, nothing dividing the two units' attic! Which brings up two...
Pete M.
MFR valuation & financing Qs
All,Looking at my first foray into commercial multifamily (previously done SFR & small multi BRRRRs). We've looking to essentially do the same (BRRRR), just on a bigger scale. How are you structuring your financ...
Michael Osborne
Debt to Income Calculation
I currently have no debt except 2 mortgages that are on rental properties and plan to purchase a new primary residence soon. The mortgages on the rentals (PITI including HOA fees) are $4,451 monthly and monthly rent i...
Abby Robinson
How to Allocate Partnership Percentage During Development
Hello Fello BP Members! I was hoping to gain some insight from anyone who has experience with the following: I have a friend who is contributing capital in order to purchase a plot of land in FL. There are developer...
Greg Yandle
2nd Deal Analysis - Cambridge, Ontario, Canada
Hey everyone,It's Greg again with another deal for review. I used conservative numbers with this one. Please give all the feedback, advice and crisitism you have. I'd love to hear about errors, omissions, unrealistic ...
Terry Sweeney
Starting a new partnership
My business partner and I have found another investor interested into going into business with us. Although we would prefer to use him as hard money lender, he would like to purchase rentals with us instead. How shoul...
Bryce Till
Taxable Rental Income From Primary Residence
BP, I live in Utah and wanted to get some opinions and insight for the below inquiry I will have to include rental income from my spare room in my primary residence. I want to know how this will look on my income ret...