Brandon Turner
Apartment - Cost of Insurance?
Hi, does anyone have an estimate for the cost of basic insurance on a 24 unit apartment complex - worth around $600,000-700,000 built in mid 1980's, concrete foundation decent condition (B-C Grade)?
I know this numb...
Mat Poole
Using a HELOC for financing
I have some equity in my current residence that I’d like to use as a down payment on a long term rental. Would the average lender be against using a HELOC to do this? How would it affect my debt to income?
Arthur Van Riper
How to buy with no job
I started out with a house hack which I no longer have. Now I found my next deal. I am currently out of work with a injury and I found a freshly renovated duplex. I have almost 20% to put down with a HELOC but no othe...
Juan Reyes
Need Commercial Mortgage for Store front
Hello, I am a mortgage originator in Queens New York. I am usually able to obtain commercial mortgages, residential pretty much anything. I even get no-income-verification loans and Loans for foreign nationals, cash f...
Matt Burns
Downpayment, First Time Buyer, Pre-Forclosure
If I only have 5-10% for a downpayment on a $200,000 home and I work a job where I make $25-30k but I have no debt, good credit, and have some big assets such as a car (fully paid off) would I be approved by a bank fo...
Cerelia Bennett
Tenants with high student loan debt
Hello,I have a couple who just completed a credit check for my unit and the credit score for one person is 702 and for the other is 688. The combined income is more than three times the required amount needed for the ...
Jaden Connor
Self Employed vs. Corporate World?
I am currently a college student double majoring in Finance and Management Information Systems with a minor in Real Estate. I have enjoyed it, but I have very little desire to work a 9am-5pm job in the corporate world...
Aaron Smith
LLC in DC, Maryland or Virginia?
Hi BPers,I'm starting a business in the DC metro area with my brother. Just from some quick research, it looks like the path that we want to go is a LLC partnership and not a corporation structure (S or C corp).My que...
Bastian Kneuse
Tax Accountant - Local or Investment Market
I am currently looking to hire a tax accountant to help with tax strategies and filing annual taxes. I reside in California, but own rental properties in Alabama. I have W2 employment and run the rental properties on ...
Wes Brown
Financing historic home rehab
We're looking to purchase a historic house that has excellent income potential but currently needs moderate rehab work (foundation, flooring, bath remodel), and we're looking for financing options that will allow us t...