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Good Afternoon.. I've been reading up a lot about FHA loans and have come close to answering this question. How long do I have to wait to get accepted for an FHA loan after I have sold my primary home. I had a conve...
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My LLC is domiciled in NJ. It holds a couple of LLCs that own property. I’m looking at properties in Florida and may move there. What is the best way to acquire new property in Florida? In a Florida LLC? Create Dela...
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Hello BiggerPockets,Before I get to my question, here's my current background.- 30M/27F (Me and my wife)- No kids- No debt (besides vehicles and house)- I make 90k, wife makes 70k- Combined income: 160k- House value: ...
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Investment Info:
Retail commercial investment investment.
Purchase price: $1,740,000
Cash invested: $452,000
Buy-and-hold investment purchase of two fully leased 4000sf commercial buildings located w...
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Im getting in to my first rentals (4 at once). They don’t have garages or anywhere to keep a mower. Where do you expect your tenants to keep this stuff so it doesn’t end up in your house? There is a shed on site, but ...
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Will depreciation help minimize cost if SFR is break even or not cash flowing? I have 2 other rentals that cash flow. I have read everything and just can't seem to understand how the tax breaks apply. This home and 1 ...
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When you lenders are looking at landlord experience on tax returns, what exactly is it that you are looking for? Is it a certain dollar amount? is it a generally accepted percentage of what a property might bring in i...
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Stephen Covey says to seek first to understand, then to be understood.When dealing with an investor (private money lender, rehabber, wholesaler, landlord), we need to understand what is motivating that person, but als...
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Do you require that household income be a certain percentage of the rent in order to qualify them? My Dad told me 25 years ago not to buy a house that the mortgage payment is more than 25% of your monthly take home. ...
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Hope all is well everyone!
I'm from Greenwhich, NY, (near Saratoga Springs) and i am currently deployed overseas, I am looking to purchase an income-producing 2-4 unit multifamily home, within the capital district, w...