Eric Stoltz
Quit Claim Deed to LLC on Fannie Mae Financed Property
I am getting ready to purchase multiple houses as investment properties. While the banker is telling me that Fannie Mae will write loans on investment properties as long as there is 25% down (30 year fixed) they do r...
Michael P.
Buying 60%+ of an Condo Complex
I hope some people can lend some advice on this. A very interesting deal has presented itself. I am still studying it but I am very excited and want some opinions.
I have the opportunity to purchase just over 60% o...
Matt Lord
Taxes and depreciation question
I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
Alexander Warren Leitch
Real Estate Investor Starting Out - Tips/Advice
Hello,I am looking to start out (Oklahoma) with buying my first property within the next year and doing all the research and reading I can to prepare. A few things I want to see where people stand about:Current though...
Yee Elias
LLC Formation and Deed Transfer
Hello BP community, I'm in CA and am looking into forming an LLC for a long term rental I have in CA, and planning to acquire more.It was recommended that I form it in Wyoming for the best protection and anonymity. Ho...
Ted Sandoz
Owner Financing on Condo
May have found a deal on a condo (non warrantable) that the owner is offering Owner Financing, has anyone done these deals and have examples as a buyer fair terms. FYI 625,000 selling price. Pros/Cons as a buyer, of ...
Matthew Byers
How to calculate owner live-in rental property
Greetings all,So looking at some property numbers with the niffty bigger pockets calculator and I'm having a bit of a time putting the numbers together. Here is the property situation:Single family home with a separat...
Josiah Cooper
DIY Taxes W/ BRRRR Strategy
Hey BP -I’m DYI’ng my taxes this year through TurboTax and am stuck. Here’s some quick info on my situation:-I have a LLC- BRRRR’d one house last year- Using TurboTax to create K-1 for LLCWhen entering info into turbo...
Geritt Shipley
Dealing with Rats
Hello, I've got a single family home in Portland, OR and the tenants began hearing rats in the attic about a month ago. Since then I have located the area where they entered and sealed it off, however I'm having troub...
David McPhail
Flip house capital gains tax
My question is what are my options for capital gains taxes? I am going to sell a flip house and profIt about $30k. Do I roll this into a new flip house, purchase investment property or down payment on the purchase o...