Alex Gabb
tricks to Lowering taxes on high acreage land, farm land?
Hi everyone. I'm looking at some properties in New Jersey, and some have 5 acres. More land = higher taxes right? But what if I did what I could to legitimize it as a farm property, even though it's not. Would there ...
Jason Spicer
Hard money/private funding options for a lower priced deal?
Funding question for lower priced deal. Worked out a price of $50,000 from an off market deal (arv 90,000-100,000) rehab estimated 10,000-15,000 to get rent ready (contractor going through this week to get a tighter...
Account Closed
Why is it good if housing start numbers are lower?
On the REIN (Canadian) Property Goldmine Score Card, one question that should be answered yes is Is the housing start number lower than the historic average?Why is this important? Does it mean if there are less s...
Jackson Sandland
Looking for advice : Bank appraisal lower than tax assessed value
I'm under contract to purchase a SFH 3/2 in Milwaukee in the 53215 zipcode. It's a nice property in a decent area with shopping, and transportation nearby. I've had 6 interested parties reaching out to rent after a re...
Jose M.
Higher/Lower Down Payment Vs Holding Savings for Next Deal
Hello BP Family,
Does it make more sense to leave as little of a down payment possible (regardless of PMI) on your first deal (fha) so you can use your cash for the next deal?
If I put 20 percent down, it will pro...
Ryan Millsap
Does borrowing your full HELOC amount lower your credit score?
Has anybody used their entire HELOC allotment toward a property purchase? If so, did maxing out a line of credit tank your credit score just like maxing out a credit card could? I have 4 properties now so I rely on DS...
Max L. Horton
Buying lower end homes in a neighborhood becoming higher end
I found a neighborhood near where I live that has homes ranging from 190k to 500k+. The higher priced homes are new, close to “McMansions” (large house, 4 or 5 car garage, etc.). The lower end houses are the original ...
Joseph Kirk
Is it worth buying a point to lower mortgage rate?
I have a few investment properties, but i am soon to be closing on my primary home to live in. Is it worth buying down your mortgage rate? I believe I was told for $3100 my mortgage rate will go from 6.90% to 6.60%. I...
Joe Graziani
At what point do you lower rent for vacant units?
Hello BP, I am having trouble getting a multifamily property rented. Both vacant units have been renovated over the past year and are roughly $100 under the going rate in the area. The location is good. I have multipl...
Reid S.
How to lower LTV by adding properties to an LLC
I am trying to obtain a HELOC on my primary residence and I'm also trying to obtain a cash-out refi on one of my rental properties (with the intent to reinvest into another property). I currently own 4 single family h...