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Results (4671)
Robert Williams Information packet for mortgage lender
26 December 2016 | 6 replies

I am looking for an article I read on BP years ago that didn't apply to me at the time but now it does.  The article was about creating a packet of info to forward to the mortgage lender that contained all the info ne...

Jalen De Leon Filing taxes for rental property
9 February 2024 | 8 replies

Hello everyone!This past summer I bought my first rental property and it’s going to be my first time filing with a property and I just had a few questions to ask:1.) What are some things I should look out for as I hir...

Jake Kucheck Cost of Construction/Cost of Inventory in YOUR Market
31 May 2012 | 10 replies

I thought this would be an interesting topic. Not from a "I'm thinking about being a spec builder" perspective (believe me, I'm not), but from a "how many markets out there have a median price below the cost of const...

Michael R. Financing 10 unit Apartment
24 May 2011 | 11 replies

Well now that we have this new forum I figured I would ask this here!

I have been looking around at larger multi families the last few months. What requirements do lenders have for these properties? Will they conside...

Coleman Nelson P&L Report Including Vacancy and Loss to Lease?
22 January 2019 | 8 replies

I wanted to see if anyone's property management software provides the option to run a Profit & Loss/Income Statement that shows the breakout from Potential Gross Income to Effective Gross Income, including vacancy...

Kyle Bentz Commercal vs. Multi-Famialy
16 December 2014 | 9 replies

What is better commerical or multi famialy? Which one is more profitable? To me it would seem that commerical is more profitable because you dont have much expenses compared to a multi famialy aprtment complex. Is thi...

Heather Halman HML with bad credit
21 December 2022 | 10 replies

I'm looking for recommendations for hard money lenders that operate in Ohio and will work with a credit score below 600. 25%+ downpayment will not be a problem, but I don't think I could make ~50% make sense. Fwiw, cr...

Jim D. Relationship of Principal and ROI
6 February 2011 | 13 replies

As I understand it, ROI = (Cashflow per Month * 12) / (Total Equity)

I'm having trouble understanding why principal doesn't count towards monthly income in this equation. For example:

I buy a rental for $100,000 wi...

Matthew Koczwara Hello from Chicago, IL!
8 September 2015 | 16 replies

Hello BP,My name is Matt Koczwara. I am a longtime resident of the Chicagoland area and a new member of the Bigger Pockets community. I have recently graduated from The Ohio State University and I am currently working...

J. Lamar Ferren Is There an 8 day law for Loan Officers to hold the buyer's info before processing?
27 February 2011 | 12 replies

Has anyone heard of a law that says a Loan Officer must hold the Buyer's Information for 8 days before they can attempt to close it?

A friend of mine has been trying to close his home for months and is basically havi...