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Hi BP Family!
I'm currently in the process of trying to get a HELOC to get some money for my next deal. The bank didn't do a full appraisal, but instead used an online system called an AVM appraisal, and said my home...
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Hey, i have an opportunity to possibly get a 3-unit (all 1b/1bath) through seller finance. I have a few questions. How to structure the deal? Does the loan i will technically be assuming add to my Debt-to-income ratio...
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Hi All,I'm not handy, never have been. My job growing up was to break all of the equipment on our farm so my dad could fix it. (he wouldn't suggest that was my "job" but would suggest I was really good at it)I had n...
Hey BP!I was recently looking at some commercial apartment buildings and a thought came up. If you are trying to break into a new market that you don't necessarily know, what Websites/data do you use to identify if a ...
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Our family here in the Kansas City metro just formed an LLC to purchase a vacation rental property (3BR, 3BA condo) in a Colorado resort area. For at least the immediate term, we will continue using the incumbent prop...
I have two rental houses and one I purchased to rehab and intended to rent out, however, I decided to sell that property.
I've read through the instructions for the 1099 and know that landlords aren't require...
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I am in the final stages of a HELOC closing. All is approved just need to get the papers signed and sent back. I am also in the middle of my first investment properly closing (waiting on appraisal completion and closi...
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Hello,Around end of August I bought a townhouse type property with an FHA loan (so I live in it too) and started renting out the rooms. (So I live in it too) While filing my tax returns, however, I ran into a few issu...
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I have an agreement with an owner of a SFR with 10 acres (7 acres is buildable) in Stow, MA. He has asked me to partner with him to find the most lucrative way of developing his property. About 10 ears ago, he was gi...
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Hi all, and thank you in advance for your feedback! My name is Ron. I began REI 5 years ago, and currently have 6 houses / 8 units. I have purchased a couple of these rentals using a HELOC on my personal residence...