I was listening to a podcast the other day and the guy talked about how he found a 6 unit and went to a commercial lender and ending up closing with 100% financing. I have always thought you need 25% min to close on a...
Does the 50% rule account for income tax? How is rental income taxed? If a houses produces $1000/month does a set percentage of that 1000 get taxed?
Hello, I'm looking to buy a property in Newark, but it's been quite frustration because I have gotten mixed reviews about certain areas. I know Ironbound is great and University Heights...but I really like the Sprin...
Hello All,Brand new to forum..thank you for having such a great meeting point for investors! In the process of buying a duplex in Timmins, wanted to ask for recommendations for a home inspector and also a property man...
My property had a water damage because of the air conditioner pipe of the above unit.The water leaked from the ceiling, carpet all wet, so I called the construction company and the dried the wall, floor and need to ge...
Hello,
I have a Master Lease that I am negotiating, and the owner is starting his negotiations at the full price of what he is offering all the space for individual.
So for example:
5,000 sqft restaurant/retail li...
Hey BP,I live in Jersey City,NJ and I want to buy a 2-3 family rental property. Can anyone point me in the right direction as far as finding a reliable mortgage broker. I want to know how much house I can afford.
I currently have about 400k (appraisal value) in equity on my property. I want to use some of that equity to invest in a MF building in Ohio, but I live in Illinois and the banks I'm talking to will only lend on asse...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lakewood.
Purchase price: $150,000
Cash invested: $29,000
First property. My husband and I live in flipped one of the unit...
I’m about to attempt to pull out a home equity loan to fund my initial multifamily investment. For those of you who have done this before, would you mind sharing your insights on what I should expect?Did you try to st...