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I currently own a duplex with a family member holding the mortgage. $75,000 over 10 years at 4.25%. About 8 years and $60,000 left to payoff. I was thinking of refinancing with a local bank for $60,000 over 30 year...
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Hello, I am a new real estate investor, and new to BiggerPockets. I recently completed my 1st real estate investment project (a total gut/rehab - single family) and have a tenant placed. I covered the cost of the repa...
Hi friends, is there anyone who rent their property by room to get a positive cash flow? What’s the process and where do you list?
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Hello everybody - happy to be a part of this great community.So we have embarked on our first Short Term Rental journey. In the process of closing on a home in the mountains of western NC. 3 bedrooms, 2.5 baths, nice ...
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Hey folks,
I'm interested to hear the BP community's thoughts on whether we could be on the brink of a wage / price spiral in the U.S.
A wage / price spiral occurs when wages increase (which is occurring), and those...
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Has anyone used a self-directed IRA to fund real estate deals? If so, what company would you recommend? And, has anyone had experience with Equity Trust out of West Lake, Ohio?
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I feel like this. At least when the seller calls me first I know they are interested. That is an ice breaker for me when they call me first because I don't have to worry about making some random phone call at the wron...
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Hi all - I'm looking to purchase my first investment property using a conventional loan. My current DTI is <40% and I have excellent credit so I don't foresee any issues qualifying (someone please tell me if I'm wr...
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Happy 2023!So I am about to rent to a Tenant with an emotional support animal. I've met the dog, got the physician letter, checked the registry etc. Upon further research I now see its good to ask for vet documents a...
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I am purchasing a Short term rental and would like to better understand the potential tax costs of having a self directed IRA vs a self directed 401K. I understand that the 401K is not subject to UBIT but I don't kno...