My solo 401(k) trust owns 93% undivided interest in a home (free and clear). My wife owns 7% in her own name. Can I use cash accumulated in the solo 401(k) to buy her out so that I may get a non recourse loan on the h...

I have been reading a lot of the good posts on here about structuring of late fees and it has been helpful.  My leases currently have rent due on the 1st with a 5 day grace period and a flat late fee of $50 after that...

Hello,Me and my wife own a condo in Texas. Our tenants moved out on May 31st, and left the place in bad condition. Dirty floors, dirty stove, etc. Before moving in last July, we asked them for a $900 deposit.We agreed...

When qualifying a property, why does it matter how much it is under water if the bank will still only be able to get the highest bid at auction? Isn't the bank just as likely to accept a short sale vs going through a ...

About one year ago I moved to Las Vegas to play professional soccer. Last March our season began and ended due to COVID 19. At first, sitting at home and staying safe was great. Then I realized I was at the mercy of s...

Hi all,
Long term BP member but infrequent poster. I currently rent in SF (SoMa) but starting to consider a MF purchase in Q1 using a FHA loan. The idea would be to move into one unit while renting the other(s). I do...

Hi everyone!Does anyone have an estimate for how much it would cost to build a duplex or 4plex in Bradenton?  We have an opportunity to pick up a lot and are wondering if it's cheaper to just buy a duplex/4plex that i...

Hi BP!I thought I would share the pictures and numbers from my most recent BRRRR project in Pensacola, FL.  I picked this one up from a wholesaler(first time buying from one) back in January.  The wholesaler agreed to...

Good Afternoon Everyone,This is my first time posting on BP, I will try to be brief. I bought my first property a little over a year ago and am looking to buy another. I had a question regarding financing and was hopi...

I have an inspection tomorrow on what is hopefully the first rental of my RE investing career. For my fellow BP members, what are some things that if discovered during an inspection, you can't overlook?