Hello BP community, thank you for taking the time to read my first post!I have just started on my journey of REI, as my wife and I have started looking at buying our first property, hopefully around next summer. I hav...
Good day BP.
I’ve got a question about how my accountant does my taxes in regards to my rental.
So I rent a SFH to my mother in law for $1,200/month (which is about what the mortgage payment is). Fair market value w...
I'm new to note purchasing, so any help with this situation would be much appreciated.I'm wanting to purchase a note from a man who owner-financed a property he sold. The selling price was $165k with $15k down, and th...
About the Brrrr strategy, this all sound great but, you are talking about getting private money to buy a property that needs to be rehabed so that you can increase its value, refinance and pay back the private loan. B...
Hey everyone, I would just like a shove in the right direction. My credit is 780, no debts except my mortgage. My house is valued at 224,000 and I owe 120,000. So, I was thinking I could take out a HELOC on my curr...
I’m trying to wrap my head around the new VA loan rules, am I seeing the whole picture?
Situation:
I’m currently in a live-in SFR flip that I purchased prior to 2020 with a VA loan. I want to use the VA loan again...
I have a unique situation with an inherited IRA from a sibling that passed a few years ago. I could potentially purchase 3-4 units (down payments) with funds from this account over the next few years still leaving a g...
Why are income taxes never incorporated into cash flow calculations? I am on track to have 6K positive cash flow in my first year for a house I bought this January. I however don't have the slightest idea how much o...
My parents bought a rental back when I was in college and now they're going to give it to me. My name is already on the deed as are their names from when it was initially bought.
I'm trying to figure out the best way...
Good Evening to most of you, I am looking at picking up a pair of duplexes each for $144,800 and was hoping that the community could give me some feedback on the purchase. I am in the military so I am looking at this ...