Hello my fellow BP'ers,
Quick question, I purchased two rental properties in November 2019 and I now have an opportunity to buy two more that are performing considerably better than the two I now own. I would like...
Hello. I am almost done completing a half a million dollar gut renovation on a 2 family. I will be living in one unit and renting out the other unit. Am I able to write off the renovation expenses for my taxes? One C...
Curious if anyone knows of banks/lenders that offer first position HELOC loans. I've heard they're out there but not sure where to look. I am currently refinancing my residence into a first position HELOC but lookin...
Im a week into my first BRRRR on a fourplex and just got a call from the police that they caught a guy breaking into my fourplex. It is completely vacant and currently being renovated. The units are not livable for ...
Hi guys,I am currently evaluating a refinance with a blanket/portfolio loan to cash out for a purchase of a 13 units...I exploring both avenues for loan; 1) conventional loan via WF which quoted around 4.75-5.25% or 2...
Hi, I'm currently selling my house in Virginia. The potential buyer and I signed the initial contract, but it is pending as we wait for the home inspection, etc. My realtor initially told me my house would stay on a...
I owner financed a house about 18 months ago and the buyer has fallen on difficult times and is currently unable to pay. I have worked with him as much as possible, but his situation is not changing and his ability to...
Hello Everyone. I wanted to bring up a topic in a pretty busy forum that would get a lot of reach. Hear is the situation. My wife and I are fairly new to the real estate industry as a whole, specifically to real estat...
Heard Wells Fargo and Bank of America offer deposit only cards. Went to both banks, nobody knew what I was talking about. Heard Chase did offer, but discontinued. Went into Chase, they said "sure, we do that!" Cha...
Hi all, I have owned a multifamily rental property in Troy, NY for a few years now. Unfortunately there was a small kitchen fire in one of the units this week. I opened a claim with my insurance company immediately,...