Let's say someone has an interest only line of credit secured by investment property, and that line has a $100k limit at 5% (using round numbers for easy math). Bank pays closing costs for the LoC, but borrower is re...
When Considering Paying Off a Mortgage Early
It would be nice to own a home free and clear. After all, paying off a mortgage loan early can save thousands of dollars in mortgage interest payments. But what are the ...
I got this violation for condominium building I own, I just own one unit there . But seems like this voilation is for the building.The owner, agent, lessee, tenant or occupant of every dwelling or other premises where...
How do I accumulate a lot of rental properties? I’m interested in having multiple properties how much money should I save ?
Hi there, While finalizing my 2018 taxes, I found an error on my 2017 Schedule E, Depreciation calcs.In 2016, my accountant used the straight line depreciation method for "Appliances". The following year, I used the ...
So I’m currently at the point in my life where I have a good portion of capitol accumulated over the years being an athlete, however, I’m in between employment so I’m having issues applying for loans from lenders alth...
Hey, I have $80K-$90K liquid money Interested in investing in real estateI have experience of 2 years of wholesaling
My goals are to increase capital + accumulate properties. Would love to hear suggestions
Hello I am thinking of buying a duplex in Iowa. I'm from the Oregon coast so I don't know about snow shoveling . In the snowy places is the landlord responsible for shoveling drive ways and side walks on single fami...
Hi BP, I've just bought a property in Rancho Cucamonga in California and rent it out from last year. Since I live in Southern California, the price of real estate is kind of high. Therefore , although I've already pu...
Hello Bigger Pockets Community!
My name is Jeff Allen, and I live in the suburbs of Philadelphia, Pa USA.
I've been casually interested in Real Estate investing for the past 10 years. During the past 2 years I've b...