Patrick Hill
CASH FLOW AND DEBT SERVICE QUESTION
Hello, is this a deal if its actual information? I see a cash flow of $36,876 / 12 =$3073 monthly. Down Payment of $415,000 looks like the difference of the Selling Price to existing Loan balance. I guess it would b...
David Smith
Union city/Weehawken vs. Jersey City areas
From listings, it seems properties now in Union city/Weehawken are increasing faster than those in Jersey City areas. How do you feel?For JC, anyone comment on the potential and current prices for multifamilies in B...
Matt Todd
Is putting properties in an entity worth it?
I have two rentals and I'm curious if putting them into a separate entity will lower my personal DTI, or do they still count the properties since I'm technically still the one guaranteeing the loans.
Nicholas Q.
$250K - Invest as Cash or Pay Down Mortgage and Take Out HELOC?
We recently sold a rental property in Seattle and have netted about $250K that we plan to reinvest in a market with better returns. However, we are struggling with whether to reinvest this money as cash or to pay dow...
Jordan Feiner
The most basic question about RE income
I'm still new so bear with me, if I'm looking to net $350k from a buy and hold portfolio assuming my doors are netting $200/month does that mean I need roughly 146 doors? that seems like a large portfolio. Am I miss...
Account Closed
Partnership Agreement/Structure for First Property Purchases
Hello - I’ve partnered up with a friend and we have purchased our first property together which we plan to use for short term rental purposes (Airbnb,Vrbo, etc). The mortgage for this property is under own names due t...
Caroline Broderick
Property Sale Prices Reported to HCAD
Hello BP!I am looking to buy my first rental property in Houston and considering whether to use an agent or not. I know that when using an agent to buy a property off the MLS in Houston, the sale price gets sent HCAD ...
Richard Arden
Took to big of a deduction this year??
I need some advice on how to tackle this issue I am having with funding.I just refinanced my first deal and I am looking to get the second. I just talked to my broker about lending options and the news is not great. I...
JR C.
Does net rental income factor in depreciation?
I was looking over the health exchange website and one of the income questions was Net Rental Income amount. Does net rental income factor in depreciation? Or is depreciation a different type of expense because you...
Dan Miles
Cashout refi will mess up my cash flow!
should I still do a cash out refi if my cashflow drops down? I have a condo. Usually not a good investment but it used to be my primary that I turned rental 2yrs ago. Right now mortgage is at 4.5% total with taxes ...