Corey Perdue
[Calc Review] Help me analyze this deal
Hello fellow BPers!I have a potential deal here and these are the numbers I am coming up with. I would love to get your feedback on weather or not you would proceed with this deal based on the numbers? I would be usin...
Gregory Bell
Greg B. in East Texas - Tyler area
Hello, I'm Greg and I moved to East Texas around 11 years ago from the Northeast. My goal is to soon buy a duplex as part of my future retirement income, eventually I'd like to own maybe 10 rental units. At age 50, I ...
Eric Gadus
Military / Rental / Taxes
BP,I currently own a rental in birmingham. It is currently renting at almost 2x the mortgage, so there is a strong consideration to keep it. I am also aware of doing a 1031 at some point.My biggest question is taxes i...
Darryl Blalock
Stone Mountain GA Cap Rates
Hello to all. I'm now looking at quads in the Stone Mountain area of Atlanta and came across a property with a 27K annual income listed at 160K. I'd probably have to borrow my down payment, so essentially the whole a...
Chris O'brien
Hypothetically, If you wanted to profit $100,000/year using no loans roughly how much cash would it take
Off of apartment buildings. I know this is hard to calculate but can you give me a rough estimate for a rural area. I have a number in my head and I want to see if it is close to what everyone else thinks.
Jimmy Rojas
Best place to get a -$40k personal loan
Hey guys im looking at real estate in South America ,for the price of a studio here in the U.S there you can get a 3br +1000sqf house in nice area of town ready to move in, been pondering on getting a personal loan he...
Peter J
Very general loan question
Is it typical to have to put at least 10% down to purchase a property to rent? If so is there any other way to buy with nothing down? I'll be buying my first property so I don't have refi options or second lien opti...
Austin Negron
Using a Gift to Pull Off Househack
Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...
Xavier A. Malave
$0 net income after taxes
Good morning, quick question. After doing my taxes I’m left with $0 net income because everything this years was losses and no gains. Does that affect my refinance once I finish my first BRRRR, having a $0 net income?...
Frank Bavaro
Trouble Finding Cash Flow/Positive ROI!
Hey, everyone. 24 year old new grad Physician Assistant looking to build some serious wealth. I'd love to get my foot in the real estate door via a house hack. I've been seeing a bunch of homes in the 550k-750k range ...