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My title search came back yesterday, and the town's lister has the property as a single family home, but the wastewater permit (circa 2013) for the property lists it as a duplex (also the MLS) and that's what I'm tryi...
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How does your tax accountant report rehab costs on your tax return? As ordinary expense as incurred or defer the costs until the house is sold?
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Hey everyone! I was super excited to see that tenantcloud allowed a nice and easy spot to collect rent and provide other services. Imagine my face when I saw that the "upgrade" you needed in order to use your own doma...
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Both the title company and the title insurance company I used when I bought my flip property refused to cover the cost I had to pay to clear a title issue that came up when I went to sell the property. The title insur...
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Hi BP team,I’m new to landlording and 8 months into owning a 4 unit property with inherited tenants. They are on month to month leases and have been good at paying on time - thus far. Im curious to hear how you guys w...
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Hi Biggerpockets folks,
I’m in the process of applying for 203k loan in CTonce the process is completed meaning rehab and appraisal. I wanted to do a home value refinance to put the money up to buy a multifamily rent...
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Hey Bigger Pockets Community,I bought a quadplex in 2018 as an investment property. I bought the property off-market and was able to buy it for $192,000 with 25% down using a conventional loan. My father recently sold...
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So, primary residence. We owe about 175. Zillow says it's worth about 265. Quick searches of recently sold props in our neighborhood say the Zestimate is, if anything, on the low side.We want to invest in a seasonal r...
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One of my clients in Arizona is considering do a Cash Out Refinance on a 4-Plex (Investment Property). The client plans to use the funds from the cash out refinance to pay off his personal residence.Will this scenario...