Adam Harward
Need help to analyze 2 MHP Deals
I'm considering 2 MHP Parks. I will try to detail them outPark #130 Lots (6 Vacant Trailers, 4 Vacant Lots)20 Leased $350 per month $84,000 GIAnnual Expense $16,100 (RE Tax $10,000, Mgmt $1200, Landscape $1500, Snow ...
Andrew Christopher
Buying a place with a partner
I'm looking to purchase a rental property with another person. I have spoken with lawyers, mortgage brokers, real estate brokers and accountants and seem to get more and more confused after each conversation. Basicall...
Tony Gunter
Bubbles
Tiny bubbles (tiny bubbles) / In the wine (in the wine) / Make me happy (make me happy) / Make me feel fine (make me feel fine)Is it just me, or does there seem to be just too much hype in the RE market in general the...
Raj Kumar
Any predictions on real estates
I have a rental townhouse that makes me an income of 7K a year. This is Maryland (Gaithersburg) area. Market was great few years(2006) back and I could have made a profit of 125K, now I am getting offers that will fe...
Pamela Holmes
JV Strategy
I have a private lender that is charging $3500 origination fee with 12% interest up to $50,000. I have yet to do a deal and wants to know how to structure the deal to receive money in pocket at closing. Strategy:Do a ...
Alex Pino
Does owner finance affect conventional lending options?
Say I I owner finance a property, would I still be able to use my VA Loan or FHA loan for another property? or will lenders consider it debt? Will they say I am not a first time home buyer?
Jessica Parker
HELOC Bank Statement income verification?
Hey BP'ers! So I am trying to get a HELOC on my home right now to use for investing purposes. I was turned down due to my income not being high enough on my w2s. I currently own my own business and have lots of wri...
Rahil Jain
HELOC on a property under contract (10-months closing)
Hi there, We are selling out rental SFH in Bellevue, WA to a builder. We are under a contract and closing is scheduled for Feb 2023. Does anyone know if a bank or credit union will be willing to open a HELOC knowing t...
Sheer Birnbaum
Mortgages in the shadow of inflation
Hey all,I'm a beginning investor and have yet to take out a mortgage as of yet.I've been reading and researching for the last month or so and have several concerns before I dive in deep.One such concern is how will in...
Dennis Maynard
Manchin - Schumer Deal Kills Tax Loophole Prized by Real Estate
Just read this article on LinkedIn / Real Deal. Apparently a deal has been struck with Democrat votes only that will do away with carried interest or promote for development / JV / investment / etc. and now be taxed ...