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What ratio's do you LL's use to qualify a section 8 applicant? I have a prospective tenant with a voucher for $1,575 (the rent amount) and an SSDI income of $908/yr. This person also receives food stamps in an unkno...
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Just curious as to what variation of Lonnie deals other folks out there are performing? I run an investor model of the deals as a variation, just wondering if others are doing the deals and have modified it in any oth...
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I was just having a casual conversation with a couple of realtors an office manager and one of thier vendors and these guys think I'm a conspiracy theorist based on what we talk about here everyday.
I mean I'm sighti...
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I have a question, I heard that you could use your 401K to buy real estate without having to pay penalties or taxes, is this true?
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Hey BP family ! Any CPA’s out there lol . I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...
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Hi everyone!I'm a recent graduate (22) who is going to be beginning their career in Midtown Manhattan once the world opens back up. At first I was going to pursue the rental approach, but believe that it would be more...
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Thank you for reading this post! I am in California and looking to become a gap funder.Could anyone direct me to what specific licensing, insurances, estimated startup costs that would be needed?
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Hey there everybody. I'm trying to come up with money so I can put some "skin in the game" for a first real estate investment. My current income is spoken for being that it goes to family expenses. I know private ...
Hello all,
Would like to know if anyone has experience with 3% down FHA first time loans are currently being approved.
We have an accepted offer on our house, but the buyer just indicated that they are ...
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What are the pros and cons of accepting section 8? Any pitfalls, do’s or don’t? I don’t know what I am getting into.