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Ive been diving deep into house hacking recently, and it seems a big benefit of house hacking is qualifying for a FHA loan. If you live in a property for a year you can qualify for a FHA loan that allows you to put as...
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Happy new year.
I have a tenant who is 4 months into his 12 month lease. What are my options for when he arrives at 12 months. I am in NH.
I could resign a new 12 month lease.
Go month to month.
...
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I was under the impression that it was OK to use your private lender's proof of funds on cash offers.
A realtor today told me today I was incorrect.
This is a listed REO property.
Thanks!
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Hi all,
I’m looking at investing with a partner and I had a few questions I was hoping the BP community could help me answer. So, here’s the details:
My partner will be the passive/ equity investor and will be contr...
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I am currently eyeing a deal that has 18 units, 5 garages and what looks to be a great rate of return.YearRents1.$102,782$24,321$41,500$36,96224.64%$121,453$80,253-21.86%2.$105,866$24,321$42,745$38,80025.87%$143,652$1...
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Hi y'all!For those of you who are contractors working on your own flips, how do you manage the projects? Can any of you recommend software or apps that you can't live without?Thanks!
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I have a deal for owner financing to put 4k down on 95k mortgage and pay 1% APR on a 30 year amortization for 5 years then it balloons. I am the one writing up the paperwork and need a little help/advice on what I ne...
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I'm currently planning to convert a detached garage on my rental property into an ADU. I have a few questions regarding the conversion cost and how to rental it out as a separate unit.My goal is to use the ADU for mid...
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Hi all, I have 9 properties (SFHs and duplexes) in KCMO, and 6 properties in KCKS (duplexes) all under my name or my wife's name. I'm planning to switch to an LLC this year:1. Do you have any recommendations on a loca...
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I just bought my first rental home and will be using a property manager. I wanted to understand whether there is any advantage to creating a sole proprietorship. I can could use this to open a business account at my...