Kimberly M.
How long should due diligence period be?
When contracting for a multi-unit asset how long do you normally ask for a due diligence period? I realize this may depend on the number of units in each property but if anyone can provide a standard timeline breakdo...
James Defazio
Tax professional help needed!!
So this is the first year that I have not had a traditional job and w2 income to show at tax time as well we own 4 rental properties (one in which we live in one side of a duplex). We also did a short term rental on A...
Rodney Wright
Taxes for a soon to be own property
I'm purchasing my first property in a few days. The process has been long and tedious. It started in 2018 visiting a property out of state. Can I claim the mileage, hotel stays and meals from 2018 eventhough the p...
J Scott
Special Warranty Deed
A friend of mine is buying a house next week, and when he looked at the settlement package, he noticed that he's getting a special warranty deed (SWD) instead of a general warranty deed (GWD). I know the differen...
Michinori Kaneko
HELOC interest no longer deductible for tax purposes
Hi, Looks like taking out HELOC to purchase additional investment property is not as beneficial any more (still beneficial! just not as). The interest paid on HELOC to purchase investment property is no longer tax de...
Steven W.
Help with Financing a Renovation Only
Biggerpockets Family,Good afternoon and I hope you are all doing well. For the last 5 years I've followed a pretty standard method for buying my rental properties and performing the renovation. It always looked like t...
Raylor G.
Renting to Section 8 Tenants
BP,In multi-family properties, how has your experiences been in renting to Section 8 tenants? I know an upside is that rent is pretty much guaranteed being the government covers most of it. However has anyone had any ...
Bans Sharma
Urgent: Need advice on choosing DSCR loan option
Hello,
I am in the process of purchasing a property for $1.17M and plan to put 25% down with a DSCR loan. My lender said it would be best to go with DSCR instead of conventional loan. My goal would be to either refin...
Zeng Fan
Title insurance commiment question
Hi BiggerpocketsI am in the process of closing my first investment property in philadelphia. Received the title insurance commitment file from the title company in which there is a section called "EXCEPTION". Under th...
Garrison Goodman
New to creative financing
Hello - does anyone have a standard seller/creative financing contract they would be willing to share? I’m new to real estate and looking to leverage a contract for my first deal but am uncertain how to structure and ...