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Hello BPers, wondering what the consensus is out there for categorizing capital vs operating for appliances? Window A/C units? Painting? Refinishing floors? Carpet? I'm leaning to treating it all as expenses.
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This is sort of a weird question but bear with me......I work for a builder and am also an investor on one of our projects - we do new construction spec builds in higher end areas usually between 1M-2M......we've been...
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Hello - I am a newbie here..i am trying to refinance my primary home and the lender offered to cash out and payoff my rental property. Below are current mortgage and refi detailsprimary home - 15 year/3% fixed / stil...
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I have had a run of pet issues recently in a building (and tenants) I recently acquired - fleas, urinated carpets, digging, etc. I would appreciate any suggestions you have of my much reworked pet addendum. Especial...
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Hi y’all! I apologize in advance if this is the wrong forum, I wasn't exactly sure what to submit this to.I’d like to start off by introducing myself, I’m a rising senior at a state college majoring in finance. I’ve b...
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$ 289,788 Mortgage Balance$ -31,627 Est. EquityComps:$180K$216K$270K$176K$145K = 987K divided by 5 = 197.4 (ARV).65% x ARV = 128.31128.31 - Repairs (25K) = 103.31103.31 - Profit (10K) = 93.31 (Offer for seller)I’m new...
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I'm considering using an VHDA FHA Plus loan and obtaining a VHDA Mortgage Credit Certificate to purchase my first owner occupied investment property. What are you thoughts on this strategy for purchasing a property be...
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How do I do my due diligence on notes so I know how much to buy it for? and what my Yield will be?
I tried plugging in some numbers to a financial calculator from an example of someone elses deal and did not ...
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I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Hello, would really love some advice. I own a home in the panhandle of Florida in one of the most sought after neighborhoods in our small town. I've been contacted by someone who wants to do a lease option on the home...