Alexi Schreier
Property manager asking to be an authorized signer
Hi all,I’m about to close on my first out of state rental and have been in contact with a property management company to manage it.For accounting purposes, the PM is asking me to open a business account at a local ban...
Callum K.
Can't get a loan due to debt to Income... Ideas?
Hi!
I have been lurking around BP for a while and am very much appreciative for all the insightful information.
I recently sold one of my businesses and have plenty of cash to go buy multiple properties. I already o...
Ryan Marker
Separating rental income and expenses
My wife and I have owned 1 rental property for the past 5 years. So far I've managed to keep good records and receipts for all transactions relating to the rental. I'm looking into the best method for me to keep the r...
Carl Schmitt
Check my numbers..
I've run the numbers several times, changing different sections to see how it would affect the deal. I just want to get everyone's input on it. If it were you, would you buy it?
So here's the details.
6 unit build...
Mateusz Sokol
Debt to income ratio
Hey BiggerPockets community! I’m an investor in Philly with 2 rental properties (3 units). I have a mortgage through Wells Fargo for one of the properties and I’m going through them to refinance that property. The pro...
Andrew Michael
First Deal. All thoughts and questions are welcome.
OK here it goes. I found a 3Unit apartment building with a detached two bay garage. https://www.google.com/maps/@39.643275,-77.715504,...Asking Price is 122,900. Rent comes to a total of 1745 (520, 550, 675) Curren...
Gildardo M.
First Duplex
Hello, everyone! My wife and I are going to check out a duplex around our local area in hopes to purchase it as our first property. It's our first dip into real estate, and it sounds too easy. I know there's a lot mor...
Andres Castaneda
Duplex Rehab First Investment
Hi everybody!Back again with another potential first investment purchase! My last condo purchase fell through due to family matters within the estate. Here are the details:Property is a 2 family in Lowell within 3/4 o...
Kayla Davis
Struggle to cash flow, buy it anyways?
I think I know what the knee jerk reaction is going to be here: Absolutely not! Hear me out...The goal: Purchase a multifamily property as my first ever purchase with 3-4 units on an FHA loan with as little down as p...
Aaron Ehrlich
[Calc Review] Help me analyze this deal - Multifamily by College
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*This link comes directly from our calculators, based on information input by the member who posted.