Casey Walker
Fixed for 5 years than ARM
Refinancing a commercial property and the bank is saying because it is zoned commercial and has a large garage in addition to the duplex that I have to use a commercial loan. 5 years fixed at 4% then adjustable to t...
Dan Travieso
Looking for 30-year loan in NC
I am about to put a property on contract and am starting to research financing options. The property will be in my LLC's name so that leaves out most of the larger banks. The community banks I have been to so far all ...
Gerald Thompson
Tax Question for Home and Sewer Inspection for Rental Property
Can you write off the home and sewer inspections and appraisal costs for a rental property? If so, do you have to add these expenses to the cost basis of the property or can they be fully deductible?
Thanks,
Trina P.
Seeking advice Self Storage / RV parking in Fort Worth
After doing a few BRRR and flip deals, our business is looking into buying a long-term parking lot and turning it into an outside self-storage lot targeting RVs, boats, trailers, and cars. We have one lot in mind that...
Scott Phillips
Pricing MTR stays
How do you price MTR stays, is it somewhere between STR stays and LTR rents? Also, what are typical expenses, also between STR and LTR? Need to know MTR cash flow profile so can make appropriate property offers. Thank...
Katie Panzica
Options for financing when DTI is high
Hi all! I’m just looking to get into REI and am unsure about what financing route I can take. I currently live in Southern California and our family primary residence, not surprisingly, puts us at a pretty high DTI r...
John Walter
Builders near the Elizabeth, NJ. area?
Trying to get an idea of what a bottom up build of a MFR in Elizabeth, NJ would run. I realize an exact price isn’t possible, but ballpark is all I’m really looking for. Found a plot of land for $160k, which seems to ...
Account Closed
Contractors: Average $/SF for additions in Suffolk Cnty, NY
This is a question for any contractors or anyone who is good at estimating contracting work.I'm getting close to starting on my first flip, but not without getting an accurate cost breakout on the additions and/or rep...
Dexter Lopez
Documents for Private money lending in Indiana
Hey BP,
I am looking to do out of state fix and flips in Indiana and I have a first time private money lender that is willing to lend money for a purchase. I reside in Oregon while the private money lender resides in...
Evan Smith
New Build Expense Calculations
When analyzing a new build/“build to rent” property as a rental, what percentages/amounts are others using for:-Maintenance/Repairs-Vacancy-CapexI’d assume it’s less than than existing homes, but by half or is it safe...