Dwight Sands
Underwriter's Perspective for Self-Employed
I'm working on some calculations for current and projected (next year) DTI ratio to see where I need to be for financing. I'm self-employed (for 2+ years) and as I understand it a lender will use the 2 most recent tax...
Rachel Payton
Should we pursue this property??? in Oregon
I'm at a crossroads about a 5-plex that's for sale. Hoping to get some opinions on whether my husband and I should move forward. Here's some background info:5-plex. 4-1bdrm and 1- 2bdrm apartment. Definitely has s...
Marc C.
Adding a purchase price contingency to the LOI...ideas?
Lately, we've been marketing directly to "mom and pop" owners who want to retire. Their books are usually more or less useless in a lot of ways: No management fee, no labor charges on repairs (they do their own), thin...
Julie Noone
Can't make rentals cash flow without cash
I've listened to podcasts about using other people's money for RE investments, but once I figure loan payments, we can't make the properties cash flow well without more free and clear cash. Example: $990k 9-plex, gros...
Michael Wentzel
crunching numbers on first multi-family purchase (4-plex)
So we've held two single-family homes as rentals for the last few years. We recently sold one and we're looking to purchase our first multi-family, a 4-plex.
Here are the numbers....
Purchase price- ...
Rameez A.
Help decide on this deal
Hello Fellows,Can you gurus pitch in on how this deal is and how should i move forward? my strategy is to House hack and rent one unit. I have a full time job so in my analysis i am paying rent to myself. I will self ...
Brent M.
Possible Next Deal!!
Seven fourplexes (28 units) near the beach in Florida. Seller has provided 3 years of tax returns and all related documents for expenses. Appears to be very stable property, decent condition, in a B/B+ area.Price- $...
Anmmar Alsaggaf
4-Plex Analysis Fresno, CA
Dear BP, I have a 4-Plex that grosses $28,880 per year ($2400 x 12) and all units are fully occupied. In order to calculate my overall cap I did the following (annual basis): Gross Income = $28,800Less: Vacancy (5%) =...
Eric Villafana
Loss Reflected on '16 Tax Yr - Told I can't finance a new rental
Good evening. I posted this same question in the Mortgage and Financing forum and received some great insight from the lending perspective. I'd like to get some feedback from those with an extensive knowledge of real ...
Megan Phillips
Greetings from Vermont
New to real estate investment - looking to invest in multi-family units to start and go from there!Anybody with experience in VT?