Bill Cove
1031 Parents on Title
Hi all,Have a rental under contract where my parents bought out a partner long ago before the property became a rental for a 50% interest. I have claimed income, expenses, and held all loans 100% on tax returns since ...
Jack Walters
Aspiring Real Estate Investor
Hi everyone! My name is Jack and I am a young investor hoping to get more knowledgeable about Real Estate Investing! I would like to own a property within the next 5 years and am building up my capital mainly through ...
Jesse Richardson
4 plex in C/C- market
BP, What do you think?Total Number of Units 4Purchase Price $80,000Initial Cash Invested $36,600Income Analysis Monthly AnnualNet Operating Income $1,250 $15,006Cash Flow $928 $11,141Financial MetricsCap Rate (Purchas...
Jordan Noble
Help Me Analyze This Deal!
Thank you to anyone who looks at this deal!Purchase Price: $600kUnits: 8 (2 quadplexes next to each other)Current Rental Income: $6,915Current Expenses - TOTAL $2,365.17Taxes: $232.50Insurance: $200Gas & Electric ...
Marcello Di Gerlando
Cash out Refinance Vs HELOC Vs some other approach...?
BLUF: I have a couple of properties with equity to juggle and I'm not sure of the approach to best set me up for my next REI. Hi all. I'm looking for folks who would like to share their experiences with this problem s...
Harjot Gill
Turning 2 4plexes into an 8 unit multifamily
Hi BP!I'm looking at 2 4plex units that are right next door to each other.Is there any way combine them onto one lot and turn it into an 8 unit multifamily unit?
Alci Martinez
Construction of new SFR, Lehigh Acres FL
Investment Info:
Single-family residence other investment in San Diego.
Purchase price: $65,000
Cash invested: $235,000
We are thrilled to announce that we have secured a construction loan from BackF...
Mike Freske
Current Investor Mortgage rates
Hello all,Did a search, but didn't find much on here for mortgage rates. What are you seeing for investor properties? Let's assume a 760 or above credit score, 75% LTV. I've been quoted, from someone I trust, 5.75%....
Adam Joseph Reed
HELOC on Duplex when it is a Primary Residence on a VA Loan.
What's up BiggerPockets! First post here. I have a question for you folks.In 2020 I bought a duplex for $300,000 with my VA loan at 100% LTV. Last year I refinanced it with the IRRRL at 2.25%. In the last few months t...
Ryne V.
Self employed loans?
Hello fellow BP'ers,
Both my partner and I are self employed in the horse racing business. We can't provide any W2's or a proof of monthly income due to the fact that our earnings are based of off race outcomes...