HelloI have found that many individuals have had issues with General Contractors whether it is a simple reno for retail buyer, to a full on project for an investor. I have heard several horror stories and wonder if th...

I applied for a HELOC 4 months ago with a bank...still processing. Can I apply with a new bank in parallel or will it impact my credit score to apply for 2? How long does it typically take to get a HELOC?

At what tim...

Hi BP,I need help translating and understanding co-insurance. I am about to close on a multi-family property out-of state and need to bind insurance coverage immediately. After going through the process of finding a...

Does anyone know how many rentals a person can own before having to pay capitol gains tax? Or, is any gains on any amount of properties owned taxable?

Hi guys, My girlfriend and I have decided to move from Dublin to Vancouver, landing in July 2022. We will both be 26 and 25 respectively, having recently worked property in Dublin for two years now. We know this will ...

I've heard several people speak about the importance of maintaining a bank book, which from my understanding, is just snap shot of your overall financial position and investment goals. I guess you could say it's a hy...

Hi BP,Wife and I purchased a duplex in NC on June 13, 2014 lived in it until September, 2015 (15 mts) and rented it out for the remainder; we've owned it for a total of 29 months.  We moved to Florida for work.  Can w...

I just received the below from my Kissimmee property manager. Coronavirus taking no prisoners. “Florida Governor Ron DeSantis has today announced a total suspension of all vacation rentals with immediate effect, remai...

Scenario: I have house hacked a Full Duplex for 2 years (lived in unit A, rented out unit B). The Full Duplex has two tax IDs, one for each unit, so I can sell each unit separately. Let's say I now sell the rental uni...

Reading through FNMA rules for cash-out refinance, and don't see the rule anymore where you have to use delayed financing rule only for 5-10 (which we don't meet)?  It looks like we can now get a cash-out refinance on...