William Adams
Can you refinance a home you got from....
Can you refinance a home you got from a tax deed sale. Then sell the home. If so, I'm assuming the new owners would be responsible for paying back, or am I still liable?
Karen Griffith
Meeting FHA Requirements
Hi BPI am currently seeking a multi-family using an FHA Loan. I will reside in one of the units and rent all other units. My questions is...how long do I need to reside in the property in order to meet the FHA require...
Account Closed
Insurance company funding the deposit
In the UK buying off-plan is pretty common. Think new construction but where you are normally only looking a plans given the construction has not started. Maybe the demo work on the old building has not even started i...
Brian Stutzman
Asset protection- best way to hold a few paid off homes?
My wife and I are nearing retirement and own a couple of homes that are finally paid off and we want to keep them long-term. So this is simple. No partners, no mortgages, nothing funky. We are looking for the best w...
Toni D.
CPA - Purchase property in personal name then Quit Claim Deed to Entity
How does it work if you purchase a property in your personal name, then Quit Claim it to your Entity!
How does the Entity get all the write offs or what part of the process is deductible?
Brandon E
Rental income
When filling out a personal income statement, it asks for "net rental income"; should I just use the 50% rule and figure half the gross rent-PITI? What will give the most accurate financial picture?
Courtney Johnson
Trying to find my first deal
6 townhomes
$27,500 each
$165,000 total
Offer $135,000
Financing 20%down $27,000
Finance $108,000 at 4.5% for 30yrs (heloc) so rate is estimate. $547.22
Fully occupied. Professionally managed.
Rent $450 each 2beds ...
Najy Lyoubi
Closed an Owner Financing deal without a Purchase Agreement?
Hello Bigger Pockets Community!I live in Las Vegas, and just purchased my next door neighbor's house. All our agreements were just verbal, and I had a Lawyer supposed to do the PA for me. I am the buyer, and most of t...
Jose Rodriguez
Owner guaranteed financing
I was wondering if anyone has had any experience in guaranteeing a loan for a SFR tenant?
I have 4 properties and would like to be able to sell one house to a tenant with a lease option contract. After reading some of...
Nneka Keshi
Cash out refi advice
I am a buy and hold investor and have just been saving up my 25% down payment and purchasing. However it has become harder to find a good deal in this market. So I decided to look into refi to get a lower rate.
My ...