Hey BP'ersI am new to the community as well as to the RE world. I am currently at VCU studing Real estate, and I want to start investing some money. well there is just one big problem. Being in school as you know drai...

This would be my first investment property. I was able to locate a 3 bedroom 2.5 bath townhome for sale via owner finance. Price 155kDown payment 10k plus 2k closingRate 8% Balance due in 5 years as a balloonPayment i...

Cashed out on a primary to buy an investment when the rates were good. If I sell the investment and 1031 into something else, I can just continue expensing that mortgage interest on the next investment?  Are there any...

Hi BP,
I currently own a home with two mortgages on it. I own the home now but the mortgages are under my parents name and they pay them. One of them is a line of credit and the other is the original mortgage. The to...

My tenant moved out a couple of days ago, and when I walked through the unit, I discovered that he had removed the curtain and curtain rod, detached the room air conditioner, and caused significant scratches on the ha...

I'm am looking to purchase an STR with a partner and we intend to finance it with a vacation/second home loan as opposed to an investment home loan. We were intending to form an LLC as not only an operating agreement ...

My family and I currently reside in a 3/2 1500SF SFH. I bought it about 6 months ago with the intention of turning it into a rental in the next 1-3 years as our family grows. There is about $7K worth of repairs t...

Hi All,I have a few SFH’s which don’t cash flow so much, but I have a great 30 year fixed loan with a low rate on them. I’d like to increase my cash flow and one thought is selling them on a wrap.My current P&I p...

Over the weekend I heard third hand that, at least in Missouri, security deposits should be in a separate bank account than the main bank account. Supposedly it comes up if you're audited. I was told that you can use ...

Looking to all of you (the experts) to find out how I can successfully carry mortages on multiple properties without impacting my credit score.  I have one conventional mortage on my  STR and just starting drawing on ...