Hey y’all! I am the definition of newbie. I’ve been interested in real estate for years but never got serious. I belong to the bad credit/no money group. I want to start off with buy and hold investing, but I’m worrie...
Appreciate advise on loan services for good credit individuals, no mortgage, need home improvement funds.mid. 600’s..banks,credit unions, etc..appreciate all suggestions
Hi Bpers looking for advice on how to finance my first deal. My credit score is sitting right around 605 and not sure if its smart to get a conventional mortgage or use private money to finance. Which route do you thi...
It's commonly accepted that principal pay down is really profit, even if not Cash on Cash, as it is still a credit to your asset column. Why doesn't that logic extend to maintenance dollars budgeted from the rental re...
We are currently all cash buyers of distressed single family houses. All of them need some degree of improvement, like landscape upgrades, carpet, paint, some appliance replacement...and generally looking to spend ab...
I would like to sell my home with Owner Finance option. Should I use LLC to help the buyer establish his/her credit?OR, Can I do it without LLC?thanksG
Hey BP!
I got rejected from my credit union because I said that I was using my HELOC for investments. Should I just say home improvements or what? Were is the best place to get a 90%LTV loan thats interest only? We ...
In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...
Hello,I'm hoping a CPA/Accountant might be able to point me to the right direction on this issue related to journal entries. I'm stuck with how to classified the renovation that I did for the property in my book. Here...
Hi everybody! Recently I’ve been having trouble finding ways to improve my credit score in a timely fashion. My score is currently around 650 with limited lines of credit (student loan and 1 credit card) I haven’t not...