Ralph Santos
Lumping all investments in one Bank account
Would you lump all your investment property finances into one bank account or do you prefer to spread them out among several banks? What strategy would you choose? What strategy have you taken?
Max Brudner
Bookkeeping/Taxes at the Parent company level
Hey all, brand new one here - first post! I've been reading a lot, but can't find the answer to my question. I have two rental properties, building two new ones right now, and have four more lots on which I plan to bu...
Dean Suzuki
Does this look like a good loan?
Hi,
I maxed out on my Fannie loans so I have been searching for portfolio lenders. I found one that lends at the following terms:
Interest Rate: 5-year FHLB + 3.00%, floor or 5.95%
Adjusts every 5...
Todd Cianciulli
What to do with rental
I currently own a rental home. It was once my primary residence and now a rental. It is on a 30yr @6.75% term. It is currently one year I to a 3 year term renting at the top of rental market.
I have an opportunity t...
Brad Saari
Who wants to evaluate my spreadsheet/deal analyzer?
I'm sure I made a few mistakes but its becoming a useful tool. Whatcha think? Tab 1 - Deal OverviewTab 2 - 10/20 Year FinancialsTab 3 - Loan 1 AmortizationTab 4 _ Loan 2 Amortizationhttps://www.biggerpockets.com/files...
Traci Lovelace
Property appraised with after rehab value but not pre rehab value
We are under contract on a building that is 3 apartments and a storefront. It will require pretty significant repairs including foundation and slate roof. Because of all the particulars, it qualifies for both federa...
Grant Stepanic
10 Steps To Take For Out Of State Investing
Investing in real estate out of state can be a profitable venture, but it requires careful planning and execution to minimize risks and maximize returns. Here’s a 10-step process to get started with out-of-state real ...
Brian Webb
Which path would you take to a HELOC in my situation?
My primary residence is a live-in rehab that is still ‘in process.’ The two remaining projects are finishing the yard (irrigation system, sidewalks, grass, fencing and flowerbeds/trees/bushes) and building a garage. I...
Davis Stoner
Tax Deduction's for investment property owner
Hello all,For the new year I wanted to organize my finances and maximize profits. I am currently reading Tax Free Wealth by Tom Wheelwright. Here is the situation: I own 2 properties in my personal name, but collect r...
Chad Smith
Use 401k for investing...?
I am looking into an option for financing properties I plan to rehab, refinance and hold/lease. I'm short on funds and trying to find if it makes sense to use my 401k to help fill some gaps on capital with the plan t...