Travis C.
Am I a business or passive investor?
I probably need to quit doing my taxes on TurboTax and just get a CPA at this point, but I am a "mom and pop" single family home rental property investor with now 20 properties. I hold title currently to all my proper...
Daniel DeSurra
Does having a HELOC affect DTI or Credit?
I’m considering pulling out an 80% HELOC on my primary residence to invest using the BRRRR strategy. Would doing so negatively affect my DTI or credit and make it harder to qualify for a conventional loan when refinan...
Michael Letarte
Purchase Cap Rate vs. Pro Forma Cap Rate
What's the difference between Purchase Cap Rate vs. Pro Forma Cap Rate. I have been using the calculator and can't figure out the pro forma cap rate.
Chad G.
Lehigh Valley Market Analysis - Feedback Requested
We live in NYC, which according to BP 2015 Market Analysis Report is the third worst place in the country, so my wife and I are looking at nearby markets to invest in instead. Since I have family in Allentown, PA and ...
Depak Paten
Am I leverage too much
I would like to get members opinion to see confirm that am I leveraged too much? I should hold on to further addition of rental property?Assets/Liabilities Primary home: Market value $300,000 (mortgage balance $139,00...
Shari Posey
Survey: What would you pay for this property?
As a buy & hold property, I'm curious to see what various investors would pay for a 4-plex with the following monthly income and expenses:
Income $2750 (total from 4 units)
Property taxes $390
Actual utilities &...
Ryan F.
Question about Brandon's article (multiple mortgages)
I read this article by Brandon Turner -> http://www.biggerpockets.com/renewsblog/2014/08/02...My question is, how hard is it to get another mortgage every single year for 4 straight years? PLUS your primary home. I...
Kevin Moules
Write off or not to write off, that is the question!
Hello BP!Wanted to get your thoughts on write offs for your business and whether it is worth doing? This could apply to a real estate business or other small business. Basically I jumped off the deep end and quit my W...
Kirsten Milliken
What's a self employed person to do?
I just called my mortgage company to inquire about refinancing my mortgage and was told that lenders are not giving loans to anyone who is self-employed due to the pandemic. This is ridiculous! My income has remaine...
Dominika M
Canada - how do you finance your 2nd, 3rd...10th property
Hi all,
i'm setting up to buy my first investment property. Conventional financing is a little difficult. I'll make this deal happen, but i don't know how i'll finance the next property. I'm in for the long game - ...