Hi Everyone,I am running in to a problem with lending. I am not getting approved for a loan due to my debt to income ratio. I purchased a 2-unit last year that has appreciated tremendously.  I house hacked, as I live ...

Just got an offer accepted for my first rental investment in Birmingham area code 35125. The property is recently renovated, 1800 sq ft, 4bed 2 bath.
I am looking to get some help on pricing this rental. My guess is ...

I was hoping I might be able to get some thoughts from the community around a potential real estate investment I’m considering making. Here is the general scenario: Establishing a multi-member LLC in which my spouse a...

Hi I am looking at buying my first condo in Orlando, FL and the analysis I have done so far gives me a 17% Cash on Cash ROI. I am curious about insurance, does a condo HOA cover roof and outer walls? I called to get a...

new to this site, hoping to simplify whether I should sell a lot purchased when sold a SF rental back in 2006. the gross sales price of the house was 165K, but the net was closer to 151K.  We did a 1031, purchasing tw...

Hi BP.  I need some input on this deal and anything I might be overlooking.  Looking at a 3 unit.  2/1, 1/1.5 and a studio.  I do not like the bedroom numbers, but still am interested.  All units have separate utiliti...

I've been looking at picking up houses through the auction sites (Hubzu, Auction.com, etc) and I know that as the buyer I will be responsible for closing costs. But if I'm using private money to fund it as a "cash dea...

What is a reasonable discount to expect when paying a contractor in cash at their request?  (yes they are licensed and insured)

I am currently finishing up a live-in-flip and looking to sell. Not interested in doing a 1031 at this time, but need to know what kind of tax implications I will have. I purchased this property for $130K, put 30k int...

CRAFT YOUR INCOME STATEMENT (P&L) TO APPEAR MORE "BANKABLE" WHILE STILL LOWERING YOUR TAX BURDENHow your categories/accounts are structured on the income statement (profit and loss) matters and this may help you "...