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I have been investigating having cost segregation studies done to two STR investments I own. I'm getting some pushback from my CPA of several years. He is a former IRS auditor, before going out on his own. He is defin...
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Hi everyone just wondering the opinions on the best companies out there for DSCR loans? Trying to buy a 3 family that needs some TLC maybe do a BRRR. I have talked to so many lenders around the same like 7% with 1-2 p...
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Hi everyone - this is my first post. I've been hunting for a deal and I may have just found one. I need some advice because there may be ethical & "bleeding heart" flaws in my plan. Here it is:I'm a mortgage lo...
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Change, change, change, everything will be different in the Obama administration….or will it?
Here are the appointments so far:
Transition Chief: John Podesta
Chief of Staff: Rahm Emanuel
Biden’s Chief of S...
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Hi all, I’m in Columbus,Oh. We are in a high demand/low inventory housing market right now. House prices are at all time highs. I’ve always learned that buying when home prices are low/higher interest is better than ...
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I have a scenario going on right now and I'm curious how other landlords would respond.
I have a pair of inherited tenants who's income will be decreasing by $1k a month. They're a nice older couple. They've never be...
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Hey folks. I am looking at a MF property that is priced pretty well and is in good shape. The cap rates with heat, electric, and water/sewer included in the rents are respectable but would be double digit if I could...
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I've read a lot about refinancing and how it is a good thing. I have a few thoughts that for me feel like refinancing may not be the best thing.My primary residence I owe about $309,000 and it is currently worth about...
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In a recent thread, one member asked the other member the following:"I'm curious as to how you mitigate your risks? I totally understand using your own money has far less headaches than dealing with the banks or priv...
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Hello BP. Somewhat of a newbie here and would definitely appreciate any insight.
My wife and I purchased a home in 2015 as our forever-home for $520K, current guestimated (zillow) at around $625K, with a balance of ...