Bruce Zeng
How should I refinance my resident home?
I just discovered BiggerPockets several months ago, but already learned a lot from you guys. I hope you can give your thoughts in my situation.The current mortgage in my resident home is 2.2% 5ARM (loan amount $160...
Kingsley Ogwuegbu
Structuring a Wraparound mortgage
Hey All, I am purchasing a friends property in Cleveland, OH with a wraparound mortgage (my first time doing this) and I was wondering if anyone can refer a lawyer/title company that can assist with this please. Also ...
Cole Haan
IRR Calculations
I am trying to calculate the IRR and need help. If I want to buy a commodity, for instance, and store it for 5 months, how do I calculate the IRR the market is currently pricing? For example, if I buy Corn for $4/bu...
Steven Delhaas
Company pension plan is terminated. Want to invest in RE
Hello all,
My company has terminated our pension plan and is offering several options, one of which is cash pay out.
We are leaning towards this cash pay out, pay the taxes and 10% penalty and use the money as down...
Chris Lang
4-plex deal evaluation please
I have an opportunity to buy a 4 plex before it goes on the market the sellers first price was 97k, I offered 82K and then 90K. Seller then went to 95K. It has 4 - 2bdrm, 2 bath units with some newer utilities and som...
Victor So
Business credit? Good or bad?
Hello BP community!
What're your thoughts on obtaining business credit to do deals? I was thinking about using it for my fix and flip deals since there are offers at 0% for 9-15 months. What companies do you guys re...
Yoav Schatzberg
How to review a P&L
Hi all,I'm reviewing a P&L for a 7 unit building, and I've got a couple of (basic) questions:1. What am I looking for in here? Other than actual NOI and Expenses, what should I be considering?2. Are there any ot...
Rudy Hernandez
Do you invest in IRA and/or 401k any more?
Hi BP members
Hope all is well.
I am curious to gather collective thoughts and opinions on IRA and 401k investing. Some people believe they should continue due to company matching as well as invest in IRA for tax s...
John Paul Schreiner
CPA in Fort Worth Area
I'm looking for a good CPA in the Fort Worth area with real estate experience. I would prefer to find someone that can offer some guidance rather than just do the paperwork. Thanks in advance!
Sei Korti
Taxes
I'm pre med student trying to get into the real estate world. I was wondering is all the taxes included in mortgage or property tax not included in the mortgage payments