I'm trying to calculate my debt to income ratio so that I can see how many properties I can qualify for under a conventional loan.  I understand the basics that Principal, Interest, Taxes and Insurance (PITI) all coun...

I have 3 rental properties and trying to figure out which one I should pay off first. I want to accelerate the pay off and put any extra amount all towards one. Trying to figure out which makes the most sense. Can...

I am looking to purchase commercial property. I am unsure as exactly how to determine the value of the property. If I am taking the income approach to find the properties value (which I believe based off research is t...

Situation m: 1099 self employed used 2019 1099 form to get ppp loan. Lets say 1099 was 50K so 50K/12x2.5=10416. So total ppp loan amount is 10416Question1:can the loan amount be 100% used for his payroll? Basically 10...

Do you guys make an accounting distinction between non-paying and vacant?

I.e. when you're thinking about your own "vacancy" rates, do you include people that aren't paying?

If, out of the last 72 unit*months (8 mon...

Hello!  I have logged into BP maybe 3 times in my life but today I went to post something and a draft post came up from 2020 when I was trying to buy a rental home.  I typed it out and never posted it.  I have attache...

Hello all,Looking at buying a mixed use property multifamily/office with 4 occupied apartments and 2 offices. It will be owner occupied, I would like to finance the property with the lowest down payment possible and a...

If I buy a rental property with a loan, create positive cash flow with a rental, does this reduce my ability to then get another loan for another property? I’m just getting started and trying to create a strategy beyo...

I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...

I have a meeting tomorrow with a lead from one of my yellow letters, sent to an LLC actually. Turns out the guy owns 4 multifamily units, I would be interested in purchasing 3 out of the 4 but I simply do not have the...