Long story short a family member is interested in buying one of the homes I will flip through a HML. My name will also be on the mortgage once they purchase it through a conventional loan. If I did that would that int...
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Hello Bigger Pockets.! This'll be the first question i have asked on this website and boy is it a doozy. So I just moved into the Fayetteville NC area about a month and a half ago, I'm in the military but looking for ...
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Howdy, Hope the detail proves to be helpful, I would appreciate all the helpful feedback I can get. Will be applying for my first mortgage loan in the next 5 months and want to ensure I am in the best position I can p...
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How to figure it out what state is worthy investing? i know it is a board question, what I mean is look at Brooklyn NY people bought houses 15-20 years ago dirt cheap and now they are millionerds or Jersey city NJ peo...
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I reached out to my accountant about doing a cost segregation study in order to utilized the accelerated depreciation, and he said that it’s usually very cost prohibitive and is hard to justify unless you have a very ...
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Curious to know which numbers real estate investors look at when considering properties. Do the numbers vary depending on the property type (ex. single-family homes, apartment complex, etc.).Thanks :)
If i want to calculate cash flow lets say its 1,000/mo but my Principal,interest,taxes,insurance is 500 so cashflow is 500$. But google says "its usually cash flow before tax" so do i include the taxes into my montl...
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Just thought I would share a summary of my recent findings in obtaining mortgages for rental property.Background: 800+ credit, 30 year fixed, rental propertyConventional Mortgage: 4.125% rate, 25% down, must have inco...
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Q: Should I pay an extra $500 on my principal on my primary residence or save it towards a rental property? Overview: New homeowner, $120k income, ~7K monthly net income after deductions (Roth max, 401K, healthcare), ...
Hello BPers,I own a rental property (single family home) in CA bay area, and I was looking into doing a 1031 exchange with a larger property as a way to upgrade income. But on second thoughts, after years of being a ...