I have 5 properties: my family residence and 4 rental properties. My banker suggested that I consolidate the loans on these properties into one loan at the estimated current value of all the properties. That way I wil...
Hi Bigger Pocket Members, I am currently trying refinance my property and trying to determine the best method for proceeding with the process. One of my lenders is stating all estimates will be changed at closing. ...
I'm working on my Schedule E for last year. I have two properties. Property 1 was available for rent 11/15/16. Property 2 was available for rent 12/28/16. When calculating depreciation, it's my understand you can use ...
Hey BP!I was hoping to get some input on a potential opportunity that has come my way. I have yet to see the property but I ran some very conservative numbers and am still showing decent cash flow. The duplex has alre...
Hello BP, I have a 2 family property that I own free and clear in North Bergen, NJ. It’s sits on a double lot. I want to look into splitting the 2 parcels and building aanother 2 family next door. Refinancing it, and ...
Looking to buy my first fix and flip property, and I'm looking to get an idea on how to estimate repair costs. What are some tools or local knowledge I can use?
What is the cost of new construction if the units for a triplex or quadraplex — 2 bed/ 2 bath with 1 car garage consisting of 1,000 sq ft with standard builder fixtures and appliances?
Hello!Was hoping someone could provide some guidance. We are currently using a heloc to fund the buying of rentals. We are using the Brrr method. However, can anyone recommend a bank that is investor friendly for ...
I have some level 1 market research done on my local city and some others... Are there any indicators of a market that would be strong for a renting market, because of it's ratio to house prices? That is, I do not wan...
So I just got off the phone with my broker and she mentioned that after my down payment the loan looks to be too small. She said that the loan will have to have a higher apr. She mentioned to get a higher loan and pay...