Spencer Funk
DTI max out before reaching maximum number of mortgages?
Hi everyone. I have been studying the craft (reading books and listening to podcasts) and have heard it mentioned that some people will surpass the threshold for their DTI radio (~36%) long before reaching the maximum...
Daniel B.
How would you structure leases if spouses acquiring rental properties individually?
Hello everyone, thanks in advance for the replies!
My wife and I are purchasing rental properties in our individual names in an attempt to be able to buy more down the road. (We dont want mortgages/insurance/taxes to...
Greg M.
Bank Appraisal
Hello all, I am curious how exactly banks will appraise a multi unit commercial property. Its a 6 unit building so I know they will value it based of vacancy rate and rental income correct? Is there an exact formul...
Jeff S.
The 76% rule
Just wanting to point out the importance of analyzing repair costs before buying for a buy and hold. Assuming 50% expenses and spending the rest on PITI can get you in trouble.
In the last 5 yrs my duplex has average...
Steve Theobald
Salt Lake City is #7 on Zillow's Hot list for 2016
http://kutv.com/news/local/two-utah-cities-make-zi...With average home values about 1/3 of my home state of California, I know that Utah still has LOTS of room to go up. As the "Mountain West" economy grows and favo...
Gabe C.
Can you be a tenant in a house you financed?
My grandparents are in their mid 80s, sold their house last year to rent and simplify life. Their rent got jacked up because the market exploded, and now they want to live in a house again for rent control... but unde...
Mitch Kline
New Investor Business Structure Options
Hi Everyone,Looking for some advice on business structuring as I am currently under contract for my first investment property.Situation: My brother and I have decided to partner up and tackle real estate investing tog...
Carlos Teves
Looking to dive into first rental in So. Cal. Use VA loan?
Hello BP community,
Wanted to share my current plan. Welcome any feedback and suggestions. Thanks in advance. summary:10yr goal- Cashflow 10k in passive rental income. Currently W2 employee. Single income. Family of ...
Seth Moffett
Utah Market Getting ready to rent out property and buy next
Our goal: Buy a property that we can live for free by house hacking. Then save up and learn more about investing to explore other markets that have better deals for cash flow.
We bought a property in august 202...
Robert Carpenter
PITI payments
In a PITI payment are all four portions normally paid as a lump sum to the mortgage company which then sends the accumulated insurance payments to the insurance company once a year and the accumulated tax payment in ...