Tia Jeffries
1031 exchange of my rental property
10 April 2018 | 4 replies
You may even be able to find a buyer nosing around the boards and areas where sec 8s are advertised.
Katrina Razavi
Anyone super familiar with "opportunity zones?"
18 November 2018 | 6 replies
The final list of Qualified Opportunity Zones was signed off by Treasury in June 2018.
Patrick A.
Delayed Financing / Cash Out Refinance
7 April 2018 | 4 replies
Hey BP World,NEW TO THIS REAL ESTATE WORLD....BUT we are looking to buy a house and may not be able to get pre-qualified for mortgage due to work history with current Non-Profit (Self-Employment) not being established for over 2 years.
Nate S.
Multi-Unit Property Securing with VA home loan rules questions
9 April 2018 | 3 replies
As for rental income being included in your Debt to Income ratio to qualify for a loan, I don't know the rules, but generally if it's not on your tax return, and/or they take a percentage of rent and apply that to the formula.
Jerry Cinor
Keys things to look for when looking at HOA properties!
16 June 2018 | 16 replies
Fortunately, or unfortunately, in a small HOA everyone eventually serves on the board.
Wayne Walker
Chris Christensen
Looking for my first deal
22 April 2018 | 5 replies
Second question, Should I go toward the top of my budget (qualified at $260,000 and currently looking at properties near that amount) at the start, or should I scale back and do a smaller property a little further away to test the waters and gain some experience with finding and managing tenants, but will allow me to easily afford the mortgage in the event of vacancy.Any advice, or criticism, would be greatly appreciated.
Fred Canzano
Self Directed IRA is hard to find!!!!!
4 May 2018 | 19 replies
@Fred CanzanoI agree very strongly with @Brian Eastman do not rush this decision as it is an important one, you want a custodian that you trust, however be sure to have those funds deposited into a qualified account before your 60 days are up.In terms of custodians, here are some things to consider. 1.
Brian Legg
What would you do? HELOC Choices
5 April 2018 | 6 replies
My wife is on board with investing, but we have improvements to our own home we need to do, which we would need to also use the HELOC for.
Jermaine Riggs
BP members stationed in Pendleton looking to invest in Texas
10 May 2018 | 5 replies
@Jermaine Riggs Remember the 6PsPrior Planning Prevents P*ssPoor Performance There are steps that you can be taking today that will better ensure you will be able to qualify for the best of terms on your purchase in TX.1. have a Mortgage Broker run a Tri-Merged MORTGAGE credit report and pay the extra $15 for them to also run the "What If" score increase simulator to know how best to pay down debt in the interim2. start eating MREs and saving like a maniac until you close as the more money you can show in reserves Post-Closing, the better the programs you can qualify for.etc,etc,etc,