Andrew Namkoong
Depreciation Basis for BRRRR property
Hi everyone,I am trying to figure out what the depreciation basis will be for the property that I will be closing in two weeks.I am buying a property with full cash, doing some minor exterior rehabs (place is already ...
Anthony O. Porter
Why are agents including financials, NOI and cap rate in their li
Why are agents including financials, NOI and cap rate in their listing for duplexes, triplexes and fourplexes to arrive at the property value when the value is based on comparables. My understanding is that financial...
Brandon Cao
Fannie Mae 2% Sellers Assist -- Security Deposit Included?
Hello Everyone,
For those experts in Fannie Mae guidelines, the 2% sellers assist exists for investment conventional loans. Say I have a fully rented out duplex investment property with the following information:
A...
Shawn Alexander
Buying a 5 unit - How to determine rehab value?
Looking to purchase a 5 unit complex, 4 unit is 2 bed 1 bath 1 unit is 1 bed 1 bath. How do you determine what the rehab value would be if you have no local comps, any help would be awesome!
Account Closed
Making the jump and buying you first deal
I have been doing alot of reading on the BP forums and through outside resources (books, YouTube, podcasts, etc.) on real estate investing. As someone who is new to the world of real estate investing, I have been doin...
Thomas Poloncarz Jr
regarding FHA loans / owner finance
Hello, I'm looking to house hack my 1st property with an FHA owner occupied deal here in Buffalo NY. I'll be doing it within the next 4-6 months. I'm leery of doing any deals outside the FHA until I get the Loan, ...
Manjunath Shetty
Paying off rental properties?
Is it good idea to pay off the rental properties with the money you keep for future deals? And then take heloc when you actually find a good deal. Then refinance the paid off property to pay off heloc loan.I was wonde...
Wesley Atwood
Investor in Coppell, TX
Hello, Bigger Pockets community. My name is Wes Atwood. My wife and I are new to the community but have been investors for a few years now. We live and invest in Coppell, TX. By the end of this month we will own 3 sin...
Mariah Jeffery
Closing 12/31, tax headache?
I have a closing scheduled for 12/31, since the seller is one of the lucky few who will be impacted by the long-term capital gains tax increase for those making over $200K.
I think it will be a pain to close this day...
Paul Camuto
Creative Ways to Grow My Buy and Hold Portfolio?
I currently personally own and manage 15 investment condos. I have purchased each unit 1 at a time using a portfolio lender and line of credit funds for the 20% down. These properties have been in central NJ for about...