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Sorry I can't delete duplicate post.
I'm purchasing a 2 unit that I will owner occupy (OO) for the first year. Expected rent $2300 fully rented.
Question is, should I budget as though it will be fully r...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Clarksville.
Purchase price: $69,000
This was a rundown property with some serious basement foundation issues and expired roof...
Bought a house cash in July. Im nearing the end of my Renovation. Im in Arlington Tx. 2 different lenders are now telling me they can not do a cash out refinance for at least 6 months.
I have no mortgage of any...
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First off, I’m not trying to do anything illegal I’m just asking if this is a plausible scenario.Also, I believe my title should read dependents instead of deductions. Sorry. I have a W2 job and one rental property. ...
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Here is my situation. My rent in New York City is $2,400 per month. I split it with my girlfriend but the lender said the full $2,400 counts against me as debt, then I own two rental properties which I just purchased ...
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Hey BP,
I'm a newer investor looking to scale up, and something that seems to be throwing off my calculations are expenses that don't seem to match reality. Currently, I use the following numbers:
1) 10% Vacancy
2)...
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We just offered 280k on a listed 299k triplex, they countered with 295k, we didn't budge, the deal cancelled...Just ran the numbers at 295k, to see if we should have offered higher, and it's 13.24% COC return. I feel...
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How do i quickly evaluate a deal? What numbers should I look for, and rely on, to pull the trigger on my first rental property in nj. I have read and listened to tons of materials here at BiggerPockets (a bit jaded no...
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I have been on the phone nonstop since my last posting. I welcome thoughts. This is the second investment, fifth home I've owned but only own one home now and this potential one. Purpose primarily is student housin...