Account Closed
I have a plan. Help me improve/identify flaws.
Okay so let me give a quick background on myself. I had a windfall of money in the past and after paying off a bunch of school loans I am currently left with about 330k. I currently own a two family home that cash fl...
Jen Harwood
Some ideas for improvements to the Rental Property Calculator
Hi all, I'm posting a general discussion here in the hopes that it will catch the attention of the Head BPers In Charge if other people agree.I've been using the Rental Property calculator a lot in the last week or so...
Mike S.
f/t landlords how do you improve your DTI?
2 condos and 1 multi in Class A neighborhood have over doubled/tripled in value since purchased 5-10 years ago. In terms of purchase price plus update costs they get over double the cap rate of today in the area.
Ev...
Trevor S Foster
Advice on possible raw land refinance to make improvements
Hey guys,I have a few questions on refinancing raw land, hopefully, someone can lend a little advice on whats been running through my mind.We have a 7-acre parcel of raw land in Prince Georges County, Maryland. Inheri...
Fred Mejias
Doing a Rehab, How are improvements captured for taxes?
I just bought a property that I intend on renting. I am rehabbing it now and I am curious how my expenses for the improvement are captured on my taxes? I ask because I previous asked a question about W9 and 1099 and I...
Autumn Whittington
3rd home, improved via detached dwelling unit above garage
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $302,000
A Single Family residence where I built a 900 square foot detached dwelling unit above the garage. I now rent ...
Roger Grubb
Selling 122 acres with some improvements. Need financial advice.
This 122 parcel is my mothers. She wants to sell it for the value of land and improvements.
It has 2 non-permitted, not attached to the ground, mobile homes, and 2 stick-built buildings, not permitted, so tradition...
Kyle Kaiser
Improvements made in this tax year prior to renting
Currently looking to purchase a new primary residence and list my existing home. Long story short, I have made several improvements since January and I am wondering if I can offset the cost of improvements this year c...
William Hinsche
FHA 203K program vs. Home Improvement Loan vs. Other?
FHA 203K program vs. Home Improvement Loan vs. Other?
$50K-$60K rehab costs for a duplex.
Need lowest cash in, and lowest monthly payments. Shortest timeline to make ready.
Which one do you recommend?
Bhanu A.
Switching to portfolio loan for rentals - improve DTI ratio?
Hi,I'm a mortgagor of a few investment properties. All of the properties are under LLC for liability reasons. Of late, I've learnt from bankers about severe restrictions on buying additional properties considering the...