Hi BP Community, Towards the end of this month I will be closing on my first duplex to House Hack in the Minneapolis, MN area. So far I  am remaining confident in my numbers/reserves amidst the current conditions and ...

Hello,My husband an I started in real estate flipping houses this year, we already had a corporation from a previous business so we are currently a corporation. We used our personal savings to buy our first property a...

So this might be a complicated question but those know their accounting / bookkeeping well, should know this… I’m getting conflicting answers between my accountant and bookkeeper. The problem is convincing my VA boo...

I have multiple flips going, all under one LLC taxed as an S-Corp,  and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...

Do people feel that there is a difference between "Cash offers" and waiving the Financing Contingency?

I often see people talk to people like they are the Spawn of Satan if they say they are making a "cash of...

If I am renting a property of mine just under my personal name do I need to set up a separate bank account and pay the property loan, taxes, insurance etc out of that separate account? Or can i just pay everything out...

Hello BiggerPockets! I'm new to investing and hoping someone can give insight on a financing question I can't seem to find the answer to.
My husband and I own a single family home in Boston, MA, and are both on the m...

Ok so a co-worker and long time family friend of mine is also a successful commercial real estate investor in my area. When he learned about my plans to begin investing in real estate he wanted to get involved.  I am ...

Without going into too much detail, is it normal for a lender to cause you to have to push back your closing date because they couldn't get underwriter approval on time?   I feel like they are having me scramble now t...

Ok so I have been taking steps to move forward into REI. I was told yesterday by a lender that we would have issues being approved for a loan mainly for this reason. I own a business, we make great money through this ...