John S.
Can I write off all of my renovations if the property is transferred to an LLC?
Hey everyone!
So here's my situation.. My father transferred ownership of our family home to me. The house has 3 units and is currently being used as a rental, with me occupying 1 of the 3 units. The house is free a...
Stephen Smith
Members from Hemet, California !
Hello BiggerPockets community! We’re Steve and Jordyn Smith residing in Southern California. We’ve been married for six years and are looking to move away from our monotonous lifestyle revolving around work. Our two ...
Mark Mahoney
100+ Tenants, 8 Hours per Week
Okay, well let’s start off by saying “100 Tenants” makes it seem like I have 100 units. That is not the case. I took a short cut to real estate investing. Let me explain how...I started off in real estate investing by...
Brian Oberholzer
need mortgage loan asap but lack of work history
Hi first post, love these forums! Buying a home in Idaho, primary residence for my family. Looking to spend 300k, and hoping not to put 20% down, would like to go 10% or less if possible. However I'm being told I won'...
Terrance Thames
Out of State Investor looking to appear local to lenders
Hey Everybody!I have a lending question. I am in my first flip project as an out of state investor living in Los Angeles and flipping in St Louis. I was born and raised here so I know the market and have a strong netw...
Joseph Cornwell
First Time Investor Financing?
Hello Everyone!This is my first post on BP and I am hoping to get a question answered or perhaps some advice on a potential scenario. My backstory to this scenario, being that I have some capital for a down payment on...
Jehanzeb Beg
Advise needed - to terminate a lease or not
I have a tenant who’s lease is going expire on May 31st. They are a family of husband , wife and brother in law. I wanted to renew or keep them month to month but needed to clarify few points to them for harmony of th...
Abdul Rahman
Drop in rates boosts weekly mortgage applications 3 percent
Drop in rates boosts weekly mortgage applications 3 percentA drop in interest rates drives homeowners and homebuyers to the mortgage market.Total mortgage application volume increased 3 percent last week, according to...
Tom Schneider
Unusual Owner Occupied Status--Need Help!
I recently closed on a 4Plex in Anchorage, AK, using an FHA mortgage. I'm in the process of completing renovations and upgrades, and by the time I'm finished I expect to have just over 20% equity in the property. I'm ...
Jim Brewer
ADVICE NEEDED- Out of State House Hack
Hello BP,
I need a little advice. I would like to move to Illinois in the next year and at the same things buy a 2-4 pled to house hack. I could qualify for FHA or a Low down mortgage or even put a little more down i...