Kevin Zheng
how does section 8 determine rent price
Need some help from the savvy investors in the forum. I am looking to get into section 8. Obviously one of the most important steps is to identify a property and then figure out how much section 8 will pay for it (ass...
Mark Dixon
Business Line of Credit: Who Should I Talk To?
I am in the process of establishing my LLC and I am interested in setting up a business line of credit for the corporation. I wanted to ask if anyone here could recommend a bank or financial institution where I could...
Tyler Ferguson
Seller concessions for a Coliving house hack to use on Renovation
Hello!
I am looking to house hack a single family home through Coliving and renting out bedrooms.I took a course on this and one of the main strategies pushed is using seller concessions towards renovations of a prop...
Brian Rocha
Any experience with HMLs for the purchase only?
I'm looking to secure a HML for a fix n flip in Florida and for now and am only looking to secure for the purchase price only and handle the rehab costs myself. One of the side benefits is that I can avoid the whole d...
Lauren Hogan
(SURVEY) It's tax season and we have a few questions!
BiggerPockets would like to know how you approach taxes. I've created a (less than) 5-minute survey and it's completely anonymous. You can take the survey here: https://www.surveymonkey.com/r/MJY6RD8 Thank you to ever...
David Hanson
How much cash flow and cap rate is enough?
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
Corey Dutton
Are 100% Financing Loans for Rehabs a Scam?
There’s a few of rehab/fix and flip lenders out there offering 100% financing, no money down. This seems too good to be true. Has anyone here had an experience with one of these lenders that promises 100% on rehabs? ...
Bobby Sharma
WORST cities for permits, code enforcements, city inspectors
I have had one of the worst experiences with rehabbing a home in Glendale Heights, IL (Suburb of Chicago) with the city inspectors. Some of the most picky, arrogant, expensive, nastiest, non-cooperative inspectors tha...
Bobby Holley
What Percentage Should I Give Financial Partner
I am purchasing a house for $200k and I need to bring in a financial partner to pay about $25k in rehab costs. I expect to generate a profit of about $40k. What percent of the profits should I share with my investme...
Francois D.
Equity build up rather than Cash Flow, why not?
Most investors favor CF rather than equity build up.
The advice is get a mortgage as long as you can (30+years) so you can have a few more hundred dollars in CF.
This neglects the fact that you pay more...