Elijah Combs
Aspiring Real Estate Agent
Hey, BP community!I'm a college student going into my sophomore year and I just reached the age requirement to take courses where I live! I'm going to start the pre-licensing courses next week and then take a in perso...
Jane Sosi
What is the best lender for a 1099?
Hi Bigger Pockets Network, I am currently an independent contractor, which means that my employment status/income looks a little wonky on paper. Considering I work from home for my business this leads to what seems li...
Frank S.
Lender is asking for 2 yrs of records on refinance after 6 months
Hi there,I am refinancing a cash purchase after 6 months. The lender is asking questions about transfers between accounts and 2 year records for others. I don’t recall having to do all this work last time I refinanc...
Albert Ellis
Where are flippers able to get deals at 70% ARV in 2022 ?
Hi, I’m trying to start a discussion on where flippers or rehabbers are able to get deals at 70% ARV consistently in their markets. What strategies are being utilized to attain higher margins ?
Jason D.
Generating cash flow from industrial storage
I’ve been reading a book on futures and derivatives. As I was reading about futures they used examples of things you might write a contract on such as bushels of corn, etc. Right now oil markets are so flush with supp...
Kayla Whiteley
What state to set up our LLC
My husband and I have a Triplex in Kansas that we plan to hold onto because it is a cash flowing monster. We haven't set up an LLC yet. But we want to move to Florida in 2017 sometime. We will invest in much more real...
William Barr
Cap rate determination - Section 8
How is a commercial lender going to determine the cap rate of a SFH section 8 portfolio? Say I built a portfolio of 10 SFH rentals, all rented via section 8. Say each house is bought individually for $75k (in a non-ap...
Krishna Shah
Cash out Refi/Purchase
Hi everyone,
I’m new to this. I’m helping my father expand his RE portfolio. He’s obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
Todd Magin
Depreciation within a Self Directed IRA
I'm about to setup a Solo 401K for doing buy and hold deals. With a typical property outside of an IRA, depreciation is used to offset the income from the property. However, since there is no taxable income inside the...
Andrew Yip
Room rentals and financing qualification consideration
Hi BPers, I m just wondering if any of you who lives in big cities and rent your rooms (through airbnb, craigslist, etc) are able to utilize the rent money as loan qualification.I live in a part of the city, where it...