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6 January 2025 | 3 replies
Because I did not buy this on Biggerpockets, am I not able to access the bonus content.
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14 February 2025 | 21 replies
I talked to Padsplit and they manage SFHs renting each room to different tenants - the total rent is more than renting it out to one household.
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17 January 2025 | 3 replies
Of course, I totally understand that you wouldn't want to do if that guide is written by another real estate agency, in which case you have option 2.b.
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19 February 2025 | 13 replies
IE - 70% of total units are rented at levels <=80% AMI.The higher your “Mission Driven %” (IE - the more units you have rented at levels <=80% AMI) the lower your interest rate will be.
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21 February 2025 | 8 replies
All my properties (11 total) are in Detroit, Memphis and Seattle and if you want to chat about any of those markets, happy to do so.
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17 February 2025 | 7 replies
This was a total win for me!
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14 February 2025 | 1 reply
The loan on this house is $1,200,000.I moved in to my new primary residence by the end of the month.Starting July, my original primary residence was available as a rental and was being shown to prospective tenants.My new tenants signed a lease that began a couple weeks after showing, in July.To calculate my primary residence mortgage interest deductions, i'm using the following formula:650,000 / 2 = $325000 loan from January to June1,200,000 / 2 = $600,000 loan from July to December$750,000 limit / (600,000+325000 total loan value) = 0.81 multiplier(0.81 * $X first house interest) + (0.81 * $Y second house) = total interest payed i can deduct from my primary residencedoes this look correct?
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19 February 2025 | 5 replies
Everyone's 401K rules are a little different but the way it works for most is you can borrow up to $50K or half the total balance, which ever number is smaller.
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26 January 2025 | 2 replies
I have done some research on using OPM as well.I first began learning about Wholesaling and studied a bunch of content over Youtube University where I came across BP.
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25 January 2025 | 17 replies
Typically, I also avoid paid education because there is so much free content.