I have a second home that is paid off. I will probably sell it in a couple of months for 95000.00 to a family member off market, but it just appraised for 115,000.00.
My question is would it be a good play to refinan...
Investment Info:
Single-family residence buy & hold investment in Fayetteville, NC that I plan to LTR using a PM. This is an out of state investment.
Purchase price: $120,120Cash invested: $31,542The Numbers: F...
Hi BP Experts!I recently sold a home in California for $855k, rolling $236k into a 1031 Exchange. I bought a prelacement SFR for $555K, with ~$140k. This leaves me with ~$94k in the account and the need to purchase a ...
I was watching the "90-day challenge" webinar and David was saying that it's not necessary to "buy the dip". I understand the rationale for this. But, how do you deal with the potential for the equity in the property ...
Hi Folks,Let's say I have a primary that I bought in 2000 and I started renting it out in 2010. Question: - is the depreciation calculation is started from 2000 or 2010 ?- let's say by 2020, I want to change the metho...
Hi folks!I recently bought a property in Palm Springs that is meant for Short-Term Rental. The house is currently valued at ~$1.5M but we plan to spend ~$500k on renovation and expect it's value to go up to $2-2.5M af...
When trying to determine the value of a multi-family property does that value come from the income the property producers regardless of how big or small the multi-family property is? for example, is the value of a 2-4...
I've got a mixed use property in south NJ, it's 75% office space and 25% residential. The residential is occupied and the commercial is vacant. I'm looking to refi and take out about 220k which is 50% of appraised val...
Hi all,Jalen here in Milwaukee, WI. In the process of my first BRRRR property. I bought a 2/2 duplex a year ago using an FHA loan with 3% down at a purchase price of $127K (it originally appraised for $130K). Lower un...
Hello,It seems that the cost of borrowing money is going up. There are points on mortgages for investment properties (one bank quoted 4 points today) + appraisals + loan origination fees+minimum 20-25% down payment.I...