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3 October 2024 | 18 replies
There are number of great meet ups here and lots of major players here on the BP network.
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3 October 2024 | 7 replies
The key occupancy requirement for FHA loans is at the time of the original purchase—usually requiring you to live in the home for at least a year.If you've met the initial FHA loan requirement of living in the property for 12 months (which you would have by November 2024), you're typically free to move out and house-hack again, even if you choose the FHA streamline option If your goal is to acquire another property in Q1 2025, refinancing via FHA streamline shouldn’t prevent that.
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2 October 2024 | 2 replies
I wanted to introduce myself as I am incredibly anxious to step foot into the incredible world of REI and would love to know if there are any local investors that meet/would like to meet on a semi-regular basis.I currently have a full time job in outside sales in the Arvada area so I do a lot of driving around which enables me to spend a lot of my time listening to podcasts and educating myself but I would love to get to know some players within my local area to really dive deep into the subject and in which I could potentially be of value in the future.
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4 October 2024 | 12 replies
Unfortunately creditor rights laws prevent the owner from verifying directly with the utility provider until a lien is filed which I always thought was unfair but this is a way to confirm the usage is being paid for real time.
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4 October 2024 | 8 replies
The IRS has strict rules preventing passive losses from offsetting active income unless you qualify as a Real Estate Professional (REP).
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7 October 2024 | 38 replies
But log siding is absolutely not going to prevent any lender from financing a home.
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7 October 2024 | 190 replies
Cynthia Lummins, and incoming senator, has stated that Bitcoin is going to be an important player for the future and she hopes to bring Bitcoin into the national conversation.
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4 October 2024 | 29 replies
How do you prevent them from running up crazy purchases?
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1 October 2024 | 13 replies
It requires a higher down payment and remote management, which can be harder without a strong team.House hacking with a VA loan is better for hands-on management; DSCR is great if you're ready to start from a distance.From a tax perspective, if you intend to qualify as REPS or have material participation in STR, being overseas will prevent that.
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1 October 2024 | 15 replies
So, my question is using "involuntary conversion provisions" prevents you from doing partial disposition, recognizing a loss for remaining depreciation on the old roof, and depreciating the new roof?