Marian Fine Frueh
Bookkeeping Question - How to record a property purchase
Dear BP community,Perhaps this is a basic and easy question, but I am not an experienced bookkeeper. I understand debits and credits and income statement accounts vs. balance sheet accounts. But I am new to real est...
Jonathan Deleon
Any opinions/recs on this first home purchase?
Hi All,Currently in the process of
purchasing a two family home in a good area which will also be my first, and after reviewing the
inspection report, there are, what i would think, a few big deal items called
o...
Joseph Barthelemy
Purchasing Multi Unit for less than 20% - 25%
Hi All,So, I’m looking to purchase investment propert #4, which is a duplex. The issue I have is that I am self employed and with the last investment property we purchased we had to put down 25% using a DSCR loan. Bei...
Leah Rapley
NEW REI- Looking to purchase property in SC
Husband and I are newbies. We've been researching and know that we want to invest in small multi family homes (duplex, triplex) in South Carolina. We are looking to get out of the books, webinars, websites, and podcas...
Keith Lanier
Help analyzing an apartment complex for purchase consideration
16 Units, Fully occupied, Long term tenants/renters, All the units are in solid condition, could use added value, with minor upgrades, I want to know how to determine the Cash on Cash, and NOI, Capitalization Rate, Gr...
Jessica Lamont
ISO DSCR Lender. Purchasing a property using BRRR.
Hello,I’m purchasing a sfh in kingman, AZ using BRRR and need to get the lowest rate possible when I refinance to make this deal work. home purchase: 121krepair: 29kARV: 230k What is the standard DSCR loan rate right ...
Adam J Craun
First Investment purchase. Help me analyze this deal
View report
Hey all, Looking to make my first investment purchase and was hoping to get another pair of eyes on this report and get some thoughts. Any feedback would be appreciated!*This link comes directly from our ...
Dustin Palls
FHA OwnerOcc 4-plex - Purchase from my LLC???
Hello All,I currently own and rent nine properties, 3 of which are financed (conventional), 6 of which are paid for. I have found a lender that will allow me to do a cash-our refi on the 6 and hold title to all 6, but...
Dylan VonBank
Lease Option Purchase on a currently rented property?
Hello!I am an investor out of Fargo, ND and I have a potential lease option purchase in the works and I am looking for a little guidance on whether this strategy will work in this scenario.The property is a single fam...
Alan Gomez
How to hide purchase price from public record
Hello Forum,
I'm close to closing on my first flip project in a few weeks and was wondering if anyone has any idea how to be able to hide the purchase price from public record, specifically in Illinois. As a real est...