Paul Dario Jr
Do lenders ever call on HELOC early for full payment
Hey all. I’ve secured a HELOC in order to finance my backyard ADU build. Already have plans drawn and getting ready to submit for permitting. But I’m getting a bit of cold feet regarding the HELOC. Assuming I draw $10...
Gary Thao
FHA Fourplex Opportunity anaysis: FHA 3.5% vs Conventional 25%
I have the opportunity to purchase a fourplex using an FHA loan. A decent fourplex is ~$345k here in Portland, Oregon. Yes, it’s high and that’s just the way the market is. Typical rents are in the $725.00+ for a 2be...
Brian McFedries
San Diego Real Estate Agent
10+ years in real estate and lending. Loss Mitigation and Short Sale Expert. Focus on distressed and rehab properties
Tobey Grey
How to account for rehab time lost on Rental Income Calculator
I'm working on rehabbing my first buy and hold property, a SFH home with a 2 car garage I plan to eventually turn into a studio once the house is done and rented. I am trying to act as my own General Contractor and wh...
Alex Todd
REPS status scenario + underwriting paper losses
Hi all - my wife and I are planning on a April 2025 1031 exchange into a larger (for us at least...like 5-8 units) multifamily unit. An idea we have is, I am burnt out from W2 life, and wife makes great money (+$300k)...
Alfredo Cardenas
Total Rental Properties Losses to offset capital gain of 2 rental homes being sold
My CPA is telling me that I cannot use the sum of all my rental properties losses grouped together as one large loss to offset capital gains of the sale of 2 of those properties. He is saying that I can on only use th...
Adriel Cisneros
Section 8 tenants and Small Multifamily Properties
As a small Sponsor and Operator in Chicago,
Are Section 8 tenants the best way to mitigate vacancy loss for small multifamily properties (<4 units)?
I read the Bigger Pockets article on why Section 8 presents num...
Cory Brown
Quick question regarding expenses
Thanks in advance for any opinions.I'm practicing analyzing deals. A pro forma from a turnkey company has cashflow on a property listed as 220/month, and the bigger pockets forum has it listed at 130. The difference...
Victor Casas
Checking in from Bell Gardens Ca
Hello to all. I am currently exploring options in the REI and am decided to make a drastic move. Loss Mitigation has been great but the days are numbered if not over. I am looking for a new way to stimulate my thri...
Zach Z.
Depreciation/rental loss and taxes question
Hello, New to property rentals and wanted to figure out the finances as clearly as possible before embarking on this. My situation is that my rental income will be less than expenses (mortgage, insurance, property ta...