Jeffrey J.
Accredited Status - Net Worth Requirement
Random question that I couldn't find when searching BP. When calculating your net worth for accredited status, how are investments in syndications treated? Are they completely excluded from the calculation or are we a...
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 ...
Jasraj Singh
Can someone please explain me about this blog I've mentioned?
I was reading an interesting blog
https://www.biggerpockets.com/...
written by Brandon Turner but I did not understand couple of things from this blog which was =
1. How is our loan for $63,500 after paying 20% ...
Suzette Lowery
Help me assess my fist deal!!
I am working on my first deal and these are the numbers:
VA Foreclosure listed for 95,900.
Market Value 102,777
Average Value on street 114, 228.89
3 Bedroom 2 baths, 1 car gargage and only repair would be changing o...
William T.
Is this a good deal?
I working with an old landlord to sell his property. The property would be for $65,000 and the ARV after repaired would be approximately $428,000. The building is completed gutted and estimate for repairs is appr...
Sam Leon
Upside of a multiplex is limited by the upside of rent?
I am in negotiations to purchase a triplex in an A neighborhood.It is unique in that everything around it are SFRs. There is literally no similar property nearby to comp.I didn't use the SFR properties for comp.I did...
Jerell Edmonds
Spilt utlities or add another meter ??
Hey BP fam. I got a question I'm sure people run into this problem with separate utilities . I have two meters in a three family home how could I separate that besides having another meter installed is there something...
Thomas Ferreira Jr.
Following bidding on Auction.com
Hey guys,Been browsing the inventory on Auction.com. Found a couple of properties that I'm interested in. As practice, I'd love to crunch the numbers and come up with a price I think is fair, then compare that to the ...