Howdy!We recently filed our tax return and showed a pretty good profit on our rental. Our tax advisor said that he almost never sees profit on rental houses. I know you can repair the home to negate the profits, but i...

Here's my situation.. I have a 1/1 condo out in Austin that I am trying to refinance with cashout to renovate my unit. If I can renovate, I can get a higher rental income, thus cashflow.

I have a first mortg...

My wife and I did our first BRRR! Bought renovated and rented a 2 family in 12weeks Long Beach ny .Created $230k of equity minus the $70k for renovations that the renters are paying and still hoping to pull a $1000- ...

Hello BiggerPockets community!I am currently helping my family to make a decision regarding moving assets from a 1031 exchange (home was bought in the SF Bay Area over 30 years ago as a primary residence, and later tu...

Hey guys! Im looking for advice here.I've been looking into trying to open up an unsecured line of credit, mostly through my business. The issue is i've been mostly getting denied simply because of the fact that my bu...

I could use some advice. I turned 18 in April and shortly after become enthralled with real estate investing. I currently work part time, 15 hours a week at 9 dollars per hour. Since I've turned 18 I've been working o...

I have been renting a house out that is 180 miles from where I live. We used to live in the house but moved out 2 years ago. We've rented it out for the past two years but have decided to sell it and buy properties cl...

Hi everyone.So I am trying to understand this BRRRR strategy a bit more, and in doing so stumbled across a question that I have which I hope you can help me answer.To set up a little scenario:You purchase a property a...

Adapted from a twitter thread:Looking to pay a higher interest rate to finance your next investment property? Choose a non-QM "DSCR" loan for your next investment!😉
OK - higher costs aren't fun, but here are 5 ADVAN...

Hi everyone,I'm trying to understand any risks to a mortgage during a recession and happened historically. This will help me understand how much debt I want to take on as I continue to look for opportunities. Two main...