Anyone have any success getting around the two year rule? My wife and i rent out our house and downsized to an apartment to save for a house. We’re now ready to buy a multifamily but because our rented house will con...
I have a bit of an ethical and personal dilemma involving a real estate agent that I have a flip house listed with. First a little background. I have known the agent casually for several years and we go to church toge...
I have 2 nightly rentals that I just bought and put into use this year. They are sort of a gray area since they are not being used as residential dwellings, but could be. My accountant seemed to think that I could c...
Hello BP
I have a question about the 50 Percent rule. I was wondering how to justify more expenses just because there is more rent. For example lets say I have a property that rents for $500 and according to...
I can do a cash out refi and use the money to buy another property. That will make the cash flow on the refi property negative $165 but the cash flow on the new property covers that. Would you do that? Is the rule ...
i have a 10 unit plus a 4000 sq ft building that i am interested in purchasing. the problem is that there is very very little parking....anyway creative ways to add parking to the building? would i get a variance to g...
What part of Seattle is a good rental area looking for 4+ units
I recently read through posts of rent increase letters and how to approach them with the tenants. I want to play it safe and give ample time for them to find a new place should they decide to not continue renting wit...
I am currently looking at a 4 family short sale opportunity in the Bronx, NY. The zillow value is 450K and it is bank approved for 395K. I want to justify a lower offer price to the bank. There are currently 2 non-pay...
I am new to investing(wholesaling), so one could expect that i wont have all the right answers. Now moving on my dilemma is more than likely a simple one, but I don't want to waste anyone's time neither seller or buye...