If in 2023 I take a large loss on my properties while a renovate them, but they start cash flowing in 2024. Would there be negative impacts from a underwriting perspective?
Hi, I have a preforclosure that I found via door knocking. Here are the details:
ARV ~$143k
Principal balance: $102,100 1st, no 2nd.
$875 payment which includes PITI, fixed rate.
3 other ...
Tenant informs me that he and gf have to move out several months early (mental health). Would I allow him to break lease?
I check calendar. The best I can do is one month early. Not good enough for him but he accepts...
All - I am interested in a New Jersey property that was recently foreclosed on by MTGLQ, which I understand is a Goldman Sachs subsidiary that bought this loan as a part of a large NPL portfolio from Fannie. Questions...
Being a fairly new investor I can whole heartily admit I have caught the bug. This is my calling. This is what I want to do with my life. My motivation is fueled by the thought of living the life I want to live with m...
What does, "significant upside potential through optimizing operations" really trying to say
What is people's opinions on the market?
Are prices going to continue rising? Or is this going to blow up in people's faces again? Especially on the west coast
Hi BP folks!
I am hoping folks can chime in with their experience (or perhaps creative thinking) to help me create a financing proposal.
i recently found a duplex i want to offer on. I will occupy 1 of ...
I've read here that appraisals are simply a tax number that are not always indicative of true value. So, what is exactly is the significance of one? How are they relevant/useful?
Thanks,
Fred
Hi everyone,
I'm a soon-to-be first time homeowner once my father gives me a house he owns via a quitclaim deed. I am just wondering if there are any legal/financial (as far as taxes go) implications in answering "...