Nick Gray
Is an FHA Loan's MIP Tax Deductible?
I have a 4-unit MFR under contract and I am comparing financing options for down payments of 10% and below. Not surprisingly, banks are pitching me hard on the FHA loan, which would carry a 1.75% upfront MIP rolled in...
Will O'Meara
Turnkey Markets 2019
I am interested in my first turnkey property and have been trying to narrow down some of the best markets for 2019. I like the look of the Nashville market for long term stability and potential appreciation but am wo...
Kyle A.
Student Housing Only?
Hi everyone,Quick question on the topic of Student Housing. I have a duplex across the street from a college campus. It also happens to be a lower income area in general so I would actually prefer to rent to students....
Waleed Abdulrab
What do you think of House Hacking in Dearborn, MI (FIRST POST)
Hey all. First time poster here. So I’ve been lingering the forums for quite some time now. I had my account for a few months and I finally decided to post for the first time after countless weeks of scouring the foru...
Shannon Dennis
Fix and flip exit strategy
Hello,
December of 2021 I purchased another fix and flip. It is complete and market ready. unfortunately the flood insurance is so expensive that is puts all the interested buyers over what they can afford.
I’m re...
Spencer Gray
As the Yield Curve Steepens: Fixed vs Floating Rate
I've always been a big believer in long term, fixed rate debt - and I still am. What's better than eliminating interest rate risk on a deal for 5, 10, 12, or 35 years in the case of a HUD 223(f)?That being said, as th...
Account Closed
Using VA Loan to House hack New Const. with Negative CF
I'm looking for thoughts on a house hacking idea with new construction. Situation: My partner and I both qualify for VA Loans and both have 6-figure jobs. We are moving to the Las Vegas area and want to start in real ...
Mike Masland
Applying Tax loss to W2 income
Hello,Noob question on the potential tax benefits of real estate investing. My wife and I have W2 annual income (dual income family working for large corporations) that puts us in the ~30% marginal tax rate bracket. ...
Mike Moles
Bridgeport, CT
Hi all, just starting out and still learning. I'm in Bethel, CT and my first thought was to invest in my immediate area. I've analyzed some potential investments and without verifying all of the assumptions there se...
Elton John
Just closed my first deal. Thoughts ?
Side by Side Duplex Purchase Price $365K
B+ areaNegotiated roof to be replaced and property needs about $10k in cosmetic work.
Income potential $3.7k
PITI - $2.6K
Rent Vacancies - $185 (5%)
Repair & Capex...