Forrest T Schue
Taxes on a flip
Hello. I’m currently in escrow for a property in Ohio that I was going to originally hold and rent, but now am wanting to flip.
I do not yet have an LLC set up in order to buy this property, and will be buying it per...
Rory Fowler
Rent to Income ratio receiving negative reactions
I have a unit in a duplex posted for rent. The previous owners had some bad experiences with tenants in this duplex but it is in a great neighborhood (I live in this neighborhood. It's positioned in great suburb with ...
Alfredo Rodriguez
Wondering regarding cash out refinance on a 4plex using DSCR loans …
I currently have a 4 plex unit near bucs stadium in Tampa FL. In this 4plex 3 of the units are rented through STR (Airbnb, VRBO) the four unit I have it rented to a tenant with a 1 year lease. 3 units- STR bringing 21...
Account Closed
Buy and Hold Rules - Lets create a Summary
I'm trying to create a buy and hold summary to distribute to partners, i.e. Realtors. What do you thinking of the following:
[b]Goal:
Increase portfolio of single family residences to provide additional passive inco...
Patrick H.
Rental Income Impact on MAGI Question
Hello,I was wondering what is the impact of rental income on your modified adjusted gross income (MAGI)? Do you get to take all the deductions and depreciation from the rental income before it gets added in against y...
Owen Hogarth
Subject to + 25% down
Hi guys let me know if this is a deal or dud
i've never done a subject to before but this property is in down town S.F.
the building 59 units
average rent 1,500
3 vacancies
current NOI 661,475
the seller wants 2.4 ...
Ally Kumar
Newbie needs help with deal analysis, tampa bay area, FL
Hi all, I need some expert advice. Looking at 4 unit apartment building in northern part of Tampa bay area. Purchase price $195,000 (30% down payment)Tax $2006/yrInsurance $2700/yrVacancy (6%) $1170/yrReserves $2000/y...
David Smith
MOTEL bank financing?
around 60 units in Midwest. current 50% occupancy --- gross income: $500K expenses: $210K -- price around $750KIs it an OK deal?For buyer, what type and term of loan to get ? how much down payment needed? 25%?
Stephen S.
Better a 4/21 SFH? Or a 2/1/1 & 1/1/0 duplex
A southwest Florida property. 1/2 mile from the beaches. A rehab-required place - but not a total rebuild. I have the option of ending up with a 4/2/1 SFH expanded-rancher type house. Or of ending up with a front...
Tom Sun
Obtaining financing on residential rental
Hi all. This is my first post on bigger pocket so please forgive my ignorance. A little bit of background, my parents and I are currently looking into obtaining a residential rental property. We are in Toronto, where ...