Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
Two separate property appraisers (at the direction of the lender) were sent out to appraise, and neither was willing to appraise it as a "residence", and thus financing fell through (conventional primary loan).
Spencer Elliott
Keeping Land Loan separate from site prep and home loan
2 January 2025 | 2 replies
Long story short, land is on loan and I’m purchasing a manufactured lot as a temporary home/future ADU to my final build. The rate the manufacturer offers is 4.8% which is why I am going through them. The bank they ar...
Akshay Monga
H1B Couple Exploring Real Estate Investing: Seeking Strategy Advice and Networking
26 December 2024 | 7 replies
Hi BiggerPockets community,We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD.
Nate Pucel
How do you determine depreciation basis on a renovated rental?
3 January 2025 | 5 replies
I would first separate out the original purchase price between building and land.
Salvador Diaz
Top 6 tips for house hacking
10 January 2025 | 6 replies
If you are single or a couple on the same page about house hacking, look for uneven multis.
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
I did not do a separate criminal background check as I trusted the info from Zillow (Big lesson learned never to trust the Zillow data again in life).
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
You do not need separate checking accounts for each property if the ownership is the same.
Jill Keller
LLC or Not from a Liability Standpoint?
1 January 2025 | 2 replies
The LLC was used in an active business for separation of the active business from my other businesses, rental for one.
Eric Helena
1031 exchange with relative
31 December 2024 | 2 replies
You'll want to explore this with your accountant and see what side of the fence they are.What is more a concern to me is your plan to let the property sit for a couple of years and then move in.
Spencer Ware
Retired NFL Player 2x SB Champ
16 January 2025 | 37 replies
The guy that turns on and off the lights in the P&G lobby has a couple million in stock.