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All Forum Posts by: Bryant Stokes

Bryant Stokes has started 4 posts and replied 8 times.

Post: How to handle multiple inspections and Cl 100 reports

Bryant Stokes
Posted
  • Posts 8
  • Votes 1

I am under contract for 16 properties(30 doors) and I am wondering if I pay for individual inspections and Cl 100 reports? 
The bank will have Appraissor check them all. Trying to avoid the cost of all the reports and we have never purchased  this many at one time. Thanks and God bless. Bryant. 

Post: How to get 30 yr mortgage for under $50,000?

Bryant Stokes
Posted
  • Posts 8
  • Votes 1

I have not. 

Post: How to get 30 yr mortgage for under $50,000?

Bryant Stokes
Posted
  • Posts 8
  • Votes 1

South Carolina 

Post: How to get 30 yr mortgage for under $50,000?

Bryant Stokes
Posted
  • Posts 8
  • Votes 1

I am trying to find 30 yr loan for less than 75k and have not had any success. Plz advise. Thanks in advance.

Post: What profit % is good for rental properties?

Bryant Stokes
Posted
  • Posts 8
  • Votes 1

@Ali Boone. That’s my net profit after expenses. Bhs.

Post: What profit % is good for rental properties?

Bryant Stokes
Posted
  • Posts 8
  • Votes 1

What is a good %for net income on rentals. Mine were 63% for the year.

Post: Multiple Mortages over 4?

Bryant Stokes
Posted
  • Posts 8
  • Votes 1

How do you get around laws that only allow 4 mortgages at one time?

Post: Ask me (a CPA) anything about taxes relating to real estate

Bryant Stokes
Posted
  • Posts 8
  • Votes 1
@Nicholas Aiola if I sell a property for a profit can I use 1031 if i take the money and pay off a mortgage on another rental property? Selling property A and want to use this money to pay off existing mortgage on another rental instead of buying a new one. Thanks in advance for your help. Bryant Stokes