Hi!  My primary home is worth about $2M and paid off.  I would like to draw $1-1.5M from it to buy a multifamily property with a 1st lien HELOC.  The problem is that my income doesn't support a loan of that size and I...

What is the best method for begginning to filter all this data. My thougts were:

1) Calculate mortgage based on purchase price and down payment

2) Apply 50% rule

3) Determine "potential" cash flow

4) Physical...

We're interested in a few markets to invest in that are in other states that are farther than reasonable driving distance (1000+ miles away). I've even found a few properties that look interesting (good numbers, i...

So I know I left this broad, but it was somewhat intentional.

I finally have the ball moving with real estate and it has always been my goal to take fix and flip profits, and any other profits from RE, to turn them ...

Don't know what's the next step is. Any input will be greatly appreciated!
A little bit of background here:
In July of 2020, my previous tenant was financially affected by the pandemic and couldn't afford the rent. ...

If you find my other posts, you'll see my interest in a 5 unit apartment complex in a C area.  I now have it under contract.  I had the building inspected this week.  The building was built in 1910.  The inspector fou...

Hola BP friends,I'm attempting to put together my first home purchase. To preface this I am looking at an out of state property that is from my old college town. I currently live in Denver so I haven't been able to fi...

IRS peeking into your income,  Realized Cap Gains Increase, UNREALIZED CAP-GAINS TAX, DEATH OF THE 1031 EXHANGE AND MORE!!! 
(I AM NO CPA AND THE FOLLOWING ARE MY VIEWS BASED ON MY INTREPRETATION OF THE ATTACHED DOCU...

Hello All!I'm preparing to buy my first house. I will buy as a primary residence with either a 15 or 30 YR conventional loan and plan to rent it after two years of enjoying it and making it "tenant proof". After readi...

Hi everyone, any insight is greatly appreciated on this property I am trying to make an offer on:List Price: $229,900Offer Price: $161,329 (~70%)Earnest Deposit: $5,000Date to close: 01/30/23-03/03/23Mortage Type: FHA...