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Results (10000)
Gregory J Galica Sr Switching W-2 Jobs near Chicago
27 August 2021 | 4 replies

My W-2 Job is a Truck Driver and I have an opportunity to switch to a different company that will pay me more for my experience. Would this affect my ability to get financing for real estate deals in the future or wou...

Dustin Robideau Any Lenders Count Income Earned From Primary Residence?
15 December 2017 | 2 replies

Hi BP,Looking for some financing advice as I find myself in a terrific cashflow position that lenders should love loaning to but on paper I'm falling short. The primary factor for both circumstances is that I rent out...

Jeremy Bailey 3 Family Cash Cow with tons of equity: Keep it or sell it?
29 January 2021 | 43 replies

We've owned a 3 family rental for 10 years. It nets about $15k per year. We owe $113k and it's currently worth $350k-$370k. My wife and I are struggling with deciding to keep it or sell it. I'm a Realtor so the cost o...

Geoffrey S. formation of a c corporation
27 August 2018 | 6 replies

I received a tip from a friend that taking my properties and incorporating them into a c corporation is the best tax structure for me.  I've got a full time job and, for now, the rentals are supplemental income/retire...

Mark Monroe Suggestions on how to structure this deal. Subject to
25 February 2019 | 3 replies

Suggestions on how to structure this deal. Seller willing to-do subject 2 Foreclosure in 60 daysCurrent balance $320,000Behind $60,000 to bring currentSec Mtg $5,000Arv $380,000Seller has no income to-do a loan Mod to...

Joseph Dodds Buying a new home and using my old home as a rental.
24 September 2021 | 1 reply

I am looking to purchase a new home using the equity in my current home as a down payment. I want to then rent out my old home once I close on my new home. Most lenders think im crazy. I have over 150K in equity that ...

Jon Blackburn How do banks calculate NOI mid-year?
29 July 2020 | 5 replies

For the purposes of financing a commercial multi family property in August, how would a bank typically calculate current NOI? Would they look at trailing 12 months? Or take 2019 since it’s the most current full year? ...

David Trevino Im all over the place and undeceive new construction or flipping
17 August 2022 | 1 reply

Hello BP members I'm trying to get some input on what to do regarding real estate my goal is to buy and hold multi family as wealth building / cash flow 
as far as rentals go  i know that replacing my income will tak...

Peter Ricca Grade my first house Hack. How do my numbers look?
4 April 2019 | 9 replies

Hi Everyone, brand new here and just made my first big purchase in a pretty expensive area (stable/growing property values, also a desirable seasonal vacation rental town). Last week I closed on a completely gutted an...

Account Closed Day 1: 24 Unit Apartment Complex Deal Analysis near Austin
18 May 2018 | 9 replies

Hey Everyone, my goal is to analyze at least 1 MFH deal a day for the next 30 days. For Today's Deal, I am analyzing a 24 unit complex I found on Loop Net (Address: 11519 Pecan Creek Pky). Below are the details:Ask Pr...