Brandon Snyder
Questions about an article I read from C.A.R.
I had read an article from C.A.R. about mortgages, and I wanted to ask a few questions about what I read. You can read the whole article here: https://www.mba.org/2017-press-releases/january/mortgage-applications-dec...
Darius Boockholdt
Seeking Conventional Financing Advice for Evansville, IN
New investor with excellent credit...looking for financing recommendations in the Evansville, IN area.I have contacted one local bank based on RE Agent recommendation and they are saying they only do adjustable rate m...
Guillaume Derouet
comps
Hi Guys, when you have 90 % of ranch style homes and you try to do some comps with a colonial property, if you find some houses with the same numbers of bdrm and same sqft, do you take it as real comps or you dont? Ho...
Account Closed
Bought out my ex-girlfriend - what's my new cost basis?
Years ago, I purchased my first primary residence with my (then) girlfriend. We each paid 50% of the down payment, each paid 50% of the mortgage and any improvements. We split everything equally. A few years later we ...
John Dorma
200units and more underwriting
Hello,When you look at bigger deals financials, what line items do you always adjust?To quickly evaluate a a deal where there is no asking price, I usually look at capex required, adjust the property taxes (based on c...
Evelyn Guo
K1 loss tax report for non-resident state (NC)
Hi, I am using Turbo tax to file K1 form, the NC state tax is filed as non-resident alien. I had a passive loss form the syndication, I am not sure whether I should input 0 or the actual loss number in D-400 Schedule ...
Benjamin Krebs
Finding tenant to do a Rent to Own
I have a property in Kansas City that has been freshly renovated. I have been working to find a tenant but haven't had any luck yet. So far I've marketed on FB, through my own network and on a rental site that shares ...
Dalton Dillon
Questions regarding ARV & appraisal
I'm looking to purchase a duplex using the BRRR method. I'm concerned about the ARV due to there not being any comps in the area. Even as far out as 1 year. My question is - How will an appraiser appraise the property...
Mallikarjun Murag
Primary converted rental, closing costs(including refi's )
Hi Nicholas Aiola and all experts on this thread,thank you all for your time and great inputs you provide to BP members!I purchased my primary home in CA in 2004, refinanced it 4 times, latest refinance was in 2012. C...
Rick Jones
Feedback requested on Flipping Scenario
Hello,I am interested in hearing comments on doing major work such as finishing a basement, adding bathrooms or building an addition when you have a house that in an area that is selling for around $270/sqft. The hou...