Smrithi Shashidhara
Visio lending rental loan might get reported on personal credit f
Hi We were about to lock in a loan with visio lending for a short term rental(airbnb) investment property and the loan agent mentioned. The intent to go with them was to make sure we this deal doesn't affect our perso...
Kim Rock
Wrap around mortgage / Seller Financing
Well, I was all proud of myself that I had gotten a seller to accept seller financing on a property I felt would be a good long term investment..... now I come to find out he has a mortgage on the property, and wants ...
Dan Verdick
Twin Home first time investor looki fongr opinions
Hello,
I am new to investing in real estate. We are considering purchasing a slab Twin Home in our town. It has been held by the original builder/owner since 1986. The home is currently rented and he is jus...
Steve S.
Help Me Analyze This BRRRR / Flip Opportunity
I own several rentals and am tryign to get more into rehabbing and BRRRR or Flip. I've done light rehabs but this one will be much bigger. Here are some details followed by some pictures.Yr Built: 1975Sq Ft: 22503 B...
Jennifer Shearin
Keep hitting roadblocks
Three years ago I bought my first big rehab project for $81k, and got a 10 yr. construction loan from a local bank to rehab it. My interest rate is at 4.5% and I still have that loan. It's a historic house and I tur...
Dan M.
Paying off primary home to increase cash flow?
Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...
O'Licia Parker-Smith
Is this interest rate high for a multi-family?
Hi everyone,
New to the forums and going through the lender approval process for a multifamily (aiming for a quadplex). This will be my second home purchase, but it'll be owner-occupied. I'm getting FHA interest rate...
Michael Lerch
Contract Question: Paying backtaxes for seller
I have a motivated seller that owes around $10,000 in property taxes. I offered to pay the taxes + $13,000 for the home. I called the title agency and they said they can take care of this at closing.
Do I make the p...
John Hopf
Tax implications on Spec Home
I am new to BP, and have spent hours combing thorough the forums... it is remarkable how giving and generous so many of you are, thank you.With that being said, I am looking to build my first spec home. I have learn...
Dan Cho
How do you calculate taxes?
Hi all I was just wondering when you do your analysis, how do you calculate taxes exactly? I understand in the calculation there is a tax tab and I see that people input there tax from there county assessors office. N...