Bakir Ebrahim
100% cash purchase VS 20% down payment on rental property
Hi All,What numbers would you look for on COC and cash flow ( Using the rental Caculator) when purchasing at 100% cash.While using the rental caculator, I had to go way down on the purchase price ( to get at least 10%...
Jan B.
Have I been ripped off from wholesaler?
I just closed today on my first flip this morning and gave the closer a check for the full price of the property.County records reflect that the owner is Mr Tom Smith. He is in another city and left the property as i...
Jason Young
Month to Month vs. Leases
New to the game and seriously considering purchasing a 5 family. The current land lord has not been using leases, so the tenants are all month to month. Curious what people think of this approach vs having year long...
Isiah Ferguson
2 properties, I have which are both free/clear WITHOUT a job
Hey BP.I was wondering is there a way I can refinance 2 properties that I have which are both free and clear WITHOUT a job. I looked into a hard money loan which based off an individuals' assets in total and it is a 3...
Eric Miller
Better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
I'm working on part of an investment strategy and I'm curious about having one more valuable property that, either through a large down payment or BRRR method comes in at 70 LTV, versus using creative financing to hav...
Richard F.
Agents getting rich...
There were some interesting stats in this month's "Hawaii Realtor". I realize they do not accurately reflect all markets, but nonetheless I feel they illustrate an important point.
Currently, we have approximately 20...
Joe M.
How are you going to come out of this better than you started?
Crazy times. I think this is a good time to hit reset and reflect a little, learn a little, and become a better person and investor when things settle down.That being said, what are some things that you are doing to ...
Josh Dehmlow
Quick question on RE LLC compensation for member doing the books,
OK, probably NEVER a "quick" question and answer concerning tax, $, etc. But I will try to make it simple. What is the simplest way to compensate one member (of a 2 member-mamged 50/50 LLC that has a couple rentals) f...
Rahul Gupta
DTI calculation for a vacation home mortgage- conventional mortg
Hello, We use our Airbnb in MN as a secondary/ vacation home when we are in town and usually are, about 3 months out of the year+ every now and then for a few weeks each time. The Gross revenue was about 31k while the...
Alessandro Cardito
Amortization of multifamily and tax on capital gains
I’m planning on buying a three family house- rent two units and live in the third.I plan to depreciate the building to lower my tax burden on a yearly basis.Assuming I live there for 3 years and then sell it I would n...