Charlie Anne
Capex & RepairsRate will make or break this deal - advice please
Hello,
I'm trying to buy my first rental property and I'm not sure if I am using the right Capex & Repairs rate.
I have seen estimates that range from 10% to 30%.
The house I'm interested in purchasing is a 3 b...
Tanner Litchfield
MFH Returns or Hard Money Returns
I have been trying hard to try and build my fathers real estate portfolio. He buys SFH with cash and let’s them sit. He knows it’s not the best way to utilize his income, so he’s open to other ideas.I have been studyi...
Michael Plaks
July 15 deadline for estimated IRS payments
I see a lot of confusion about this relatively simple topic, so let's clear it up.1. Estimated payments in general. If you're strictly on W2 salary, your IRS taxes are taken out of your paychecks. Often they are takin...
Bryce Cutler
Vacation rental mortgage Orlando
We are adding a vacation rental in the Orlando area and looking for a loan officer that understands STR financing. Any suggestions?
Paul Giblin
Single or multifamily investing during COVID?
I'm looking to finally get into RE investing. I'm in Chicagoland. These uncertain times have me wondering which is the best way to start. Single family or up to a 4-unit? Any thoughts?
Wendy Hartlen
Living abroad & need financing options
Hello BP Family! I'm an American citizen who lives as a single mother and works like a dog in Sweden (haha JK. It's not so bad.) I've been gone from the US for over 20 years, so I just started slowly trying to build u...
Robert Reyna
BRRRR With a VA Loan
I have devised a plan and need y’alls help to tell me if this is even possible and the obstacles I’m going to run into because I know for a fact I’m gonna run into a lot and this might not even work. I was thinking ab...
Eric Lilly
Help! How to provide proof of income for the current year?
Hey Everyone,
I unexpectedly found myself diving into (what seems to be) a really solid deal, much sooner than I had expected. I'm worried that I have no chance of being approved for a loan considering my current sit...
Pavel S.
Has anyone built their own Multifamily Investment for long term hold?
Just been driving around places and have come across entire sub-divisions with Duplexes, Fourplexes and Apartments.
My question is:
1. Has anyone here built their own Duplex/Fourplex/Apartment to rent and hold? H...
Evan Ward
Speed bump buying a 2nd property
I recently inquired about buying a 2nd property to relocate to. I purchased a townhome 2.5 yrs ago and would like to now buy a single family (eventually multiple properties). The Broker informed me I'd have to show...