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Hello all - my husband and I want to buy a second investment property in our area (Frederick, MD). We have a primary mortgage (in Frederick) and one rental property in Bethesda, MD. The rental property is rented un...
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Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question. How do you calculate tax on a 1031 Boot? Here's our situation: We sold one property and...
Hey guys,
First time poster here! I'm in a state of confusion about what the best path for me is in regards to a new rental property I'm looking to purchase.I think it'd be good to start off by stating my Macro Goal-...
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Hello,My husband and I bought a vacation home (2nd home) about a year ago and have been renting it out on Airbnb since January 2017. We bring in an approximate gross profit of $3k per month and a net profit of around ...
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Hi BiggerPocketors,I am new to real estate investing and rental property, and hope to have suggestion to my situation here.My wife and I currently live with our daughter in Seattle area, and own a house with mortgage....
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An investor I know invested in a syndication deal with GPs from Brad Sumrok group. In fact, one of the GPs is a Brad Sumrok coach, and Brad Sumrok was listed as an advisor and mentor for the project in the OM. The apa...
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Hi all,I Good afternoon. I love the board. I've been reading through the posts and have learned quite a bit.I am in the mortgage industry and know general guidelines. I'm looking to try and figure out ways if using my...
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Are the difference in rates for 25% down and 20% down?I see for Fannie Mae, investment properties, people can do as low as 15%.I'm wondering if rates are significantly different for 25% vs 20%.
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Hello - I am trying to unlock some equity out of my house to purchase another property. My first thought is a HELOC but ive called 10+ banks and credit unions and none of them have a program for investment property. H...
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I owe $100K on a rental I own in my name and also have approx $100K in cash. I’ve been wanting to star an llc and move it under that, but I would burn my cash reserves to do it. Would it be better to just keep it a...