Michelle P Stafford
Advice on a Rent to Own Commercial Property
Hello all,I'd like some advice from the group of experienced investors. Here's my situation in short details:Bought a commercial property for $699K in 2019 through a 1031 exchange which cash flowed beautifully until l...
Esmeralda Guerra
DTI too high based on schedule e rental income loss
I need some advice. I was told by 2 lenders that my DTI is too high because my taxes show a loss on rental income. The rental income loss cannot be included as income for last year (2018). I would like to buy a seco...
Michael Maloney Jr.
Potential deal atop the bar?!?!
Hello BP,So here's the deal, I live in a small rural town about 45 minutes north west of big college town in Michigan. It's a small but seems to be growing town. Well I was up at the local bar having dinner and a beer...
Eric Dubrule
cash-out refi / sell / or hold??
I own a mixed-use building (free and clear) in the downtown area of a rough city in Mass (2 efficiency apartments over a commercial unit). The building is worth 100k-- at least that's what it would likely appraise...
Lavall Brown
How to payback friends and family after the deal is done?
Hello BP,I am a novice investor with three duplexes in St. Louis, MO. I acquired my properties by house hacking FHA loans. Now that I am no longer single the option to house hack is no more and I would like to scale m...
Lesley Stoll
Starting with capital (1031) what would you do?
If you had approx 2.4M what stategy would you do? Keep in mind I am brand new at this. I do have to do a 1031 exchange to avoid capital gains. My goal is to generate income since I am closing my business which is my 9...
Jason A.
House Hacking a Multifamily
I am looking into buying a multifamily on the MLS. The majority of what I have seen are already occupied by tenants. If I want to live in the property immediately after I buy, what is the best way to do this?Regards,
Matthew Spaulding
How to Analyze a Deal Using Home Equity
Hi everyone, I’m very new to all of this and looking to get a basic understanding of deal analysis. I’m currently using the BP analysis tool and had two questions on the down payment portion. I’m planning to use hom...
Frank Ventresca
Dscr refi? 40 yr 10yr IO
Hello
Hope you are well
Is it worth it to refi? I’m claustrophobic about the IO and wondering if I need to make a switch. Other dscr refis put me at a higher monthly.
Appraised Value $700,000.00
Sales Price $680...
Dean E.
First time Home Buyer in US. Looking for some help and tips please(Los Angeles area)
Hey Guys,
Myself and my wife are hoping to buy our first home this year. Actually we have been aiming to buy the house we have been renting since 2010. The landlord wants to sell and we wanted to buy. ...