Khizar Hanif
My first multifamily development
Hey all. My dream has always been to get into commercial development and recently, I have found a developer/mentor whom I am doing my first multifamily deal with. The developer is giving me an opportunity to partner w...
Raphael Turner
Home Equity Loans in California but based in Washington D.C.
I was wondering if someone might be able to provide a bit help and information regarding home equity loans and somewhat investment strategy. I'm a Arlington, VA resident but would like to get a fixed rate home equity ...
Victor Noriega
About to close on a STR home
My wife and I had an offer accepted for a home in NE El Paso. We already flip land, and had been looking for a rental to help stabilize the income and build equity. We landed on Short Term Rentals as we visit the c...
Matthew Cervoni
Tuesday Tip: Don't Pay Self-Employment Tax on your STR
Self-employment taxes are imposed on self-employment income in lieu of Social Security and Medicare taxes that an employee would typically have withheld from their paycheck. It is calculated on the net income that an ...
Grace Shinnick
Charlotte NC 12 Units - Help Evaluating
Hi all,I am working on evaluating a 12 unit opportunity near downtown Charlotte, NC (just out of curiosity). I want to see if my rough estimates/valuation matches the communities perspective on whether this would be a...
Jill F.
When are you overleveraged?
I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...
Account Closed
Vetting a flipper to invest with
Hello BP community,I am considering becoming a financial partner for house flipping. I will be investing at a distance, so vetting someone is extremely important. How should I go about finding a good flipper to partne...
Anna Dyal
Newbie Investor needs help with refinancing
I own a 2 family house in NY, I took out a HELOC and bought a one family home 6 months ago. I figured I would refinance the two family and clear my HELOC line so I could use that to invest.
I spoke to a lender to re...
Mark H. Porter
Stepped-up basis going away
Good morning, regardless of what happens today, there’s a HUGE bill due from covid.1031’s, capital gains, and now the stepped-up basis could go away. Rather than people thinking I’m coercive, please just google “step...
Jeremiah Struble
Analyzing a multi family deal
I am looking for pointers for analyzing an 8 plex multi family property. What sort of questions and information is needed when talking to a seller?