I read in a CNN article that depreciation expense can now be deducted from all other types of income with no limit (See below). Does anyone have a good attorney or CPA who can verify this?
```Now here is what chan...
I am looking to take on a single family BRRRR project within the next few months. Obviously I cant really do much right now due to the pandemic so I am researching but I have a few questions regarding the financing: I...
Hello everyone. I’m in a bit of a weird situation and wanted to ask for advice. So I recently got laid off from a startup company. The timing was very inconvenient because I was ready to start approaching lenders for ...
Hi
I am looking for house hack in Massachusetts area. My plan is to buy 4 unit multi-family home.
My lease is expiring soon and so want to move to my own home instead of renewing lease.
I also got pre-appro...
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*This link comes directly from our calculators, based on information input by the member who posted.Hey everyone. I made an offer on this property yesterday and just received a call from...
I’m coming to the place I can trust for answers.
I was either approached or maybe I reached out to a private money lender for their terms which are 90% acquisition, 6% interest and 2 points. As a first time investor...
BP Members,Firstly, thank you to all the BP members that contribute to this website. With the wealth of knowledge on this site, it has been much easier to take my ideas and dream to a very close reality in such a shor...
Hello BP, I'm looking into using a HML for my first fix and flip since I don't have a lot of capital available. Ideally, I'd like to do a few of these flips in my hometown of Las Vegas or the New York Metro area, j...
Hello,
I am new, well I have bought several properties over the years but am about to launch into pre foreclosures with the hope of eventually being a full time investor o single family houses, to wholesale at first a...
Before you tell me how insane I am.... trust me I already know.
So, we are in multiple offers to purchase an occupied REO property. It is sight unseen, no entry. So no inspection, appraisal, ect which is wh...