Is home insurance and property taxes considered part of the mortgage? I am wondering because I am trying to calculate NOI and hence cap rates, so I want to make sure I am using the proper standards. Thanks in advance!
Hello BP - I have a commercial mixed use, multi-family property that I am listing. Aside from pricing strategy which I know is a big component, what are the best ways to get in front of investors to even begin negotia...
Hi, I have read quite many threads but could not fully understand how this can work. So i give the scenario:It's for an investment house, let's say price = 100I put the down payment: 20My partner gets a loan from bank...
Dear BP Community,Oftentimes a lender asks to write "a brief summary about your real estate experience." Could someone, please, advise what exactly they are looking for and where can I find a sample?thank you all in ...
Hi there!
1. What counts as income? Are bonuses included?Home Ready and Home Possible have Avg Median Income limits (Philadelphia $84K)- I meet this requirement if I don't include bonuses (from referrals and perform...
My wife and I are scheduled to close on a HELOC this upcoming week and throughout the process banks advertised interest only payments during the draw/advancement period of 10 years. When I received the final paperwor...
Hi, I recently added a 4th bedroom and an ADU to a property that was previously 3 bedrooms. I got all of the required permits, and have final inspections. What steps must I take to list this as a 5-bedroom house for s...
Hello everyone - I normally only read the forums and articles from BiggerPockets, but have recently decided to write an ebook about my experience with my first flip and I wanted to share here for honest feedback. It i...
Hi guys,I’m looking at a property in Austin and working out the cash on cash return so I can make sure it’s a good investment for an AirBnB. Since Austin charges 11% hotel occupancy tax, should I include that as part ...
Im selling a few rentals that still have tenents in them. Do I turn over the deposets to new owner when I sell?