Viviana Nicolosi
STR loophole/cost-seg-- Help needed!
Hi all! I'll try to keep this short. We have had an STR for just under one year, but we have not qualified (per our accountant) for the STR loophole so we have not cost-seg'd it. I keep hearing how people are cost ...
Sebastian Marroquin
SFR + ADU in Claremont, CA
Total PITI : $2,800 p/m ADU: Rents : $1900 p/m Home : would rent for $3k per month Potential Gross cash flow: $2,100 per month Purchase: $500k Current ARV: $900k Can these numbers be achieved today with high interest ...
Patrick Britton
costs for utility hook-up, asbestos abatement, tear down, etc.
Hi,could someone please provide a rough idea on how to calculate :1. cost of tearing down a property2. cost of tearing down a property that had been home of hoarder3. cost to hook-up utilities such as sewer, water,...
Jerry Lucker
Don’t Miss the ‘Micro Home’ Opportunity
Everywhere you look you see articles raving about ‘Micro Homes’. 10,000 Baby Boomers retire every day in the US. There is a growing appetite to spurn the ‘McMansion’ and embrace tiny homes.It’s big news when someone c...
Justin C Huggins
loan options for renovations of newly.aquired property
I have recently put a offer on a home for $87500 that needs about $45,000 dollars worth of renovations. and that was the exact bid for the renovation. I am currently looking at 203K standard and was shocked by the h...
Kyle Wahl
Modular home builds
I am looking at buying some land and putting a modular home on it. Anyone have any experience doing projects like this or know how much something like this would cost to complete? Any help would be greatly appreciated...
Champ Leong
MPI vs paying down principal
I'm being offered the "opportunity" to purchase Mortgage Protection Insurance for $85 per month on a $165,000 loan in the event I go to heaven so I leave a PAID OFF house to my posterity. The insurance payout would de...
Yogesh Bhadane
Big hit for investment mortgages
I am seeing significant increase in investment loan interest rates due to recent announcement from Fannie Mae.They are limiting investment loans intake and Lenders are asking significant down payment like 25% with 4.6...
RJ Bohigian
Formal Introduction & Question for the BP members
Happy Thanksgiving to the BP Community Members!I wanted to briefly introduce myself, make an invitation for connections, and ask a question of the members?My Name is Robert Bohigian, wife is Denise Bohigian ( She crea...
Kyle D.
Build a new home for under $50,000
Is it possiable to build a new home for under $50,000? Like a complete builders grade home. I alreadyhave the lot. it probally be a 3/2/2. This home would be in central florida