Hello all,
I have a pretty basic question but couldn't find a concise answer posted.
What's the difference between net operating income and cash flow (as used in an REI context)?
My understanding ...
Hey folks,I've come across a couple of wholesale opportunities, and both homeowners want to stay for about a month after closing to use the cash to move. How should I handle a situation like this? I would of course di...
I am curious of something. If you sell a property, and do a 1031 exchange with the proceeds, but don't need all the proceeds for the down payment of the next property, are you taxed on the additional profit that isn't...
I'm talking about buying with cash, pulling out cash from one house to purchase the next vs cash for down payment and getting traditional loan. Sounds like BRRR, but isn't. Hard to put my question into words. Why do t...
What’s the minimum loan amount you can get for a DSCR Loan?
I aim to find a fixer upper quad/triplex in Chicago area, renovate and house hack, then cash-out in 6-9 months.But when financing my other rehab or cash-out projects, I have seen the lender requires the property to be...
I have a seller who is offering me credit off escrow closing costs in exchange for furnace that doesn't work, etc. Why would a seller prefer to do this (instead of cash to me)? And how would the seller compensate the ...
let's say I have rental property income of $15k per year, expenses of $4k and depreciation of $5000I am in a 40% tax bracket When I write off my expenses And depreciation on my taxes, am I writing off a total of $9k (...
Hi guys, do u have any tips on investing overseas with a small capital? Thanks!
Hey BP forum, I need your advise here. I bought a rental sales price Jan 2022 $80K cash under a corporation with a partner with the idea of cash out and refinance and use the money for downpayment for the next one. Th...