Domenic Passarella
Need Advice on Should I Sell or Should I Rent Out
20 March 2024 | 2 replies
Hello BiggerPockets Community,I’m looking for advice on whether to sell or rent out an out of state investment property I am currently having renovated.
Alicia Evans
How do I become a private lender?
22 March 2024 | 9 replies
I live in the Bay Area and I want to get into real estate, but there's just not a lot on the market right now and what is on the market is selling for hundreds of thousands of dollars over asking price.
Alan Phan
Purchasing 2nd home as an investment for parents - suggestions/advice needed
22 March 2024 | 4 replies
If we were to sell, we're looking 1.2-1.5mil.Our situation is we want to purchase another property for my parents to live in - it would be 600-700k condo.
Dennis Gallof
Possible to Convert Illegal Cellar to Legal Apartment?
22 March 2024 | 12 replies
It looks like they launched a pilot program in 2019 but costing homeowners up to $1M to do the conversion.https://citylimits.org/2023/03/13/in-new-yorks-fight-to-legalize-basement-apartments-what-about-cellars/I don't want to end up selling the place because it is good cash flow and would be even better once I renovate all the apartments.Thank you.
Amy Hu
How to put 750 hours to qualify as real estate pro for tax
22 March 2024 | 19 replies
time spent selling property?
Michael Shea
DTI: Rent by room income on schdule E
22 March 2024 | 4 replies
My understanding is that when renting out rooms in a primary residence, the income is classified as boarder income and isn't counted towards DTI, as outlined in Fannie Mae's guidelines(https://selling-guide.fanniemae.com/Underwriting-Borrowers/I...).
Allen Berrebbi
Getaway.co Legitimate or not?
22 March 2024 | 21 replies
A house that is turn key that you would buy for 50k had to sell for 10 to 15k before they rehabbed it and there is profit for the flipper..
James Devoe
Container Home Build
22 March 2024 | 6 replies
Hi Everyone,I'm playing with the idea of building a Shipping Container Home around Asheville, NC.The plan is to either hold it as an STR, or to sell it.The question I have is regarding Mortgages:* If I hold the property for STR, I will want to be able to Re-finance my money back out (BRRR Method)* If I sell it, I will want to make sure a buyer will be able to take out a mortgage for purchase.
Erick Garske
Inherited Home - Need to refinance reverse mortgage and remodel
22 March 2024 | 2 replies
Is the other heir willing to receive their 50% after selling costs (commissions/title/tax/etc)?
Christine Garnier
Broker Not Responding - Birmingham AL
22 March 2024 | 5 replies
I own a commercial land lot in Birmingham AL and I signed it over to a broker so he can list it and sell it.