Jose Furman
Financing Your First Deal
5 March 2020 | 3 replies
Our plan is to do a 1031 exchange and purchase a multi-family property around $1M with either 4 or 6 units.I am having a tough time figuring out where or who I should speak to about getting favorable financing for a deal like this.
Teresa Thomas
CPA question for taxes
7 March 2020 | 12 replies
Understandable...With Rentals, you get all your income "Tax free" through out the year, as the gov. doesn't touch it. ( example $1500 rent x 12 months, looks like you made 18k ) But then it's time to PROVE that you didn't really profit 18k.. subtract the obvious mortgage, and then factor in repairs, depreciation, and anything else you can do to chip away at this...So maybe your bank account is up $ 200 / month in cashflow.. but not after repairs.. maybe you only made $25... on paper :)
Brian Poole
Building a team in Frederick, MD
5 March 2020 | 1 reply
Hey BP Fam,I don't know about everyone else but doing this on my own is tough and learning all the ins and outs is time consuming.
Loren Bedward
At this point I’m burning myself out
7 March 2020 | 20 replies
@Loren Bedward Wholesaling is fairly tough in VT, IMO.
Mark Moss
Submitted a offer to an agent who is refusing it.
5 March 2020 | 10 replies
That's always a tough row to hoe.If you think there's a lot of upside, you could actually buy it and then do with it what you want.
Sebastian Roy
portfolio lenders for fixer uppers in Massachusetts
16 March 2020 | 6 replies
It might be tough to go that road if you are new to real estate.
Justin Triplett
20 Yrs old getting into real estate! Any Advise?
20 March 2020 | 14 replies
I'm also looking to get a househack in Dallas, as are most people in a small BP group I've put together, it's tough going because we are all competing not only against each other, but seasoned investors with networks in place.
Bruce P.
Specificity and Payment Breakdown for a Proposal (ADU)
10 March 2020 | 10 replies
It is the tough that makes it great (to Quote Tom Hanks in A League of Their Own)
Christopher Ade
House hacking question Philadelphia/jersey
14 March 2020 | 11 replies
In order to get around that, you need to prove some change in circumstances such as in this case that you need to move closer to your job.
Jacob Oser
Credit Question: Funding Properties
6 March 2020 | 2 replies
If you are buying sensibly, and have tenants paying down the loan on time, your credit should actually go up over time since you are proving to have good payment history.