Hi BP!I'm buying a pool of 3 rental properties.  They're all in a B class neighborhood with an avg value of $105k.  The seller is selling them to me for about $280k with a 10% down payment at 1.5% interest owner-fina...

If you obtain a house by assuming or subject-to existing financing. Can you turn around and get a HELOC on that home? Assuming you bought the house correctly and there is enough equity to do so.

Hi BP Community, I'm just getting started and plan to form my company soon. I heard someone on a BP podcast mention an advantage of his wife owning 51% of their real estate business, but he didn't elaborate. I am thin...

Hello folks,I am looking at a deal to flip (quick buy and sell). In my understanding it is a good enough deal to close on it and take my time selling it ate a "close to retail" price, though I am not opposed to wholes...

I'm wondering if anyone knows of some good CPA tax people out in the Phoenix West Valley.  I'd like to start to assembling a team to work with and I'm in need to some recommendations for CPAs and also REI Attorneys. T...

I'm a California based investor and have been researching the markets in Cincinnati, Ohio and Northern Kentucky. I'm looking to setup an LLC to protect my other assets, but want to make sure 1) an LLC is the correct f...

What strategies do you use, if any, to avoid confirmation bias?  It is so easy to just read up on things that confirm my viewpoint and avoid counterarguments that challenge my beliefs on a given market, strategy, prop...

Is the earnest money tax deductible on the year that it is paid even though closing doesn't happen until the following year?For example, a 10% earnest money deposit was paid in 2019 but the house doesn't close until e...

Hi, all. I began working with a commercial lender when I was offered on a 6-plex unit in my neighborhood, which was 80% rented. I was going to convert the open unit to short term and then 2 others as leases expired. S...

Hello,I have a rental property that I have owned for over ten years. I was looking to refi and pull some money out, but the mortgage brokers I have met with keep telling me that for a rental property they have to diff...