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 ?
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...
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 ...
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...