Hello all - Anyone in Salt Lake have success finding a lender that will do a HELOC, or second mortgage, on a rental property (NOO)? At the moment I am unable to do one on my primary residence. Looking to tap into my e...
Hey All -
I know that BP isn't perfect -- far from it, but as a perfectionist, I won't be satisfied until it is. From the annoying occasional outages to slow load times to weird glitches, we have our share...
There is a 4 story building in the middle of downtown Orlando that will be up for sale in the very near future. Asking price is 4.2 million and it's 42 thousand square feet. The owner thinks whoever buys it should tea...
Hello Fellow Investors,
After several years of studying REI, I've finally made the leap of faith by taking ACTION and placing an offer on my first rental property. The property is a single family home with an existin...
Hello, I've recently read the Millionaire Real estate Investor and loved the budgeting ideas that were suggested in the book. So I went to the bank today to create three new savings accounts for donations, vacation, ...
Hi folks,I had a very unique situation happen to me and truthfully, I'm unsure where to take it next.3 years ago, in October of 2012, I bought a duplex in South Linden (bad area) of Columbus, Ohio for $16,000 cash. It...
Hi BP community,Does gifting money reduce your taxable income? I know the limit is $15,000 for tax free gift, but does it reduce the gifter's income for that year? Say you make $90,000 and you want to find someway to ...
I have a deal where a relative of mine sent me about 20k to buy a house for his son to go to school. The plan was I would assume the loan, he would donate the money, and would also receive interest in the property.I f...
I currently work full-time at a University and have a rental business. I've been trying to think of ways to connect my worlds and bring 'education' to my low income tenants. Some thoughts I've had:a) turn an attic i...
I have a little situation I've been thinking about, and I wondered what the BiggerPockets community thinks.I recently purchased a quad for my first house-hack, and it's going great. The previous owners were really goo...