Jenny Perron
Sell in California and buy in Kentucky or Ohio!
As a broker in California and in Kentucky, it's mind-blowing that cap rates are as low as 2 or 3 in CA and yet investors hold on to these when they could sell them and by 10 times the units in KY with strong cash flow!
Jonathan Sowinski
Sanity check: 50%/2% rules fail. Could this still be a good investment?
I am looking for some input on one of my first (potential) deals; I am currently under contract to purchase but wanted to see if the #s below make sense to other more experienced investors.
I am asking because I ju...
Michael Ashe
House hacking. How to calculate cash flow
What is the best way to calculate how much my primary home would cash flow as a rental?
Interested in house hacking but I've come to realize there are variables that I'm not aware of Like for example, I posted once ...
Justin Arcelaschi
Should I cash out refi ?
Kind of new to REI. My wife and I bought a condo in 2015 in Farmington, CT with the intention of living in it. About a year later I joined the Navy and we moved out to California so we rented out to a school friend of...
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...