Ayodeji Kuponiyi
What comes first? Cap Ex before the NOI or after?
Hey BP Nation! I shared another deal I'm underwriting and came across the issue of Cap Ex with some BP members. I included the Cap in my 55% of the expenses and apparently I was wrong for this that. I was told the fol...
John Matthews
Mortgage on property owned by LLC in Southern California?
Hi all,It's been a while since I've posted on BP! Moved to San Diego and considering heavily investing out here. Doing some research though I've found only one bank which will fund the purchase of a residential proper...
Chris Wilson
Quick Strategy for Acquiring properties using HELOC
Objective is to obtain properties via a conventional mortgage. Fannie Mae and Freddie Mac allow you to have up to 10 mortgages under their guides. These offer the best terms, in regards to rate, fixed 30 year term, an...
Jorge Vazquez
What does it mean to buy the higher end of the low end?
Over the past 20 years, I have developed a strategic approach to investing in the higher end of low-income neighborhoods. This approach aims to maximize value while minimizing the risks involved. To achieve this, I fo...
Brandon Kanakis
Hello, another newbie from Richmond Virginia
My name is Brandon Kanakis-Pennell. I am from Richmond Virginia as you can see from the post subject. My experience in real estate has been literally investing in REITs, crowd funding loans, and purchasing my primary ...
Erick Sanchez
Self directed IRA? Who is doing this? Is this as good as it sounds?
I mentioned in a prior post that I had purchased the Armando Motelongo 3 day class. In this class they spoke about Self direct IRA. They said you can put an LLC inside of this S.D. And do your business from inside thi...
Matt Pich-Maxon
70% LTV on Property #1 to qualify for conventional on Property #2
We bought our primary residence 10/06/2017. We found a Duplex that we would like to buy and make into our new primary residence using a conventional loan. I emailed a lender and she said I would need 70% LTV on our pr...
Rick K.
100k/y excess income - looking for RE strategy
Hi all,I'm a 28 y/o software developer & entrepreneur. After taxes/mortgage/life/etc., I have about 100k excess every 12 months. I don't think this income will last forever, so I intend to invest all of it into lo...
Vinny Incognoli
HELOC Primary Home for Down Payment?
Is it wise to take a HELOC on my primary home to for the downpayment for a short term rental property? I would have the HELOC as well as mortgage to pay. What are the pros and cons to this approach?The HELOC would be ...
Henry Li
S corp for Real Estate Agent
I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...