Account Closed
Success Story! Home run first deal.
Hey BP community, thanks for openly sharing so much knowledge and experience! I've learned so much.Just finished my 1st live-in flip… that I stayed in for 5 years because I loved it. I bought the house in 2012. It ...
Miranda M.
Operating LLC but home under my name
Can I create an "operating LLC," keep the house in my personal name AND still be protected? I ask because I just purchased a property in Austin, TX. In TX, we don't pay income tax. We pay property tax. To protect home...
Sylvia Faszczewski
Best Cities/States for Flipping Right Now?
Just getting started in the flipping business with a partner. We’re both coming from traveling jobs so we are used to going wherever the wind takes us. We are willing to go wherever the market is right and are wonderi...
Michael Myers
Bookkeeping for Master Lease Option
Hey guys, interesting situation here. We just got some properties under a master lease option. We paid the lease option down payment and are taking over operation. We structured the contract in such that we realize th...
Kathy Beam
education
Has anyone had investing education before starting out? If so....what classes did you take.
Rachel Luoto
FHA & Marriage - Loophole?
Hi BP!Looking to buy my first property and wondering how my situation might shake out, google has not been helpful.My boyfriend bought his house FHA four years ago. If we were to get married, would I still be able to ...
Chris Parrish
Deal says "Cash only" but was able to get Conventional financing
Last Spring we purchased a single family home in Sandy, Oregon that said "Cash or rehab loan only" in the private remarks of the RMLS. After going and checking it out, I realized I thought it had a good chance at gett...
Salina Robbins
PHILADELPHIA PROPERTY TITLE INSURANCE
Hi everyone!
I am currently in the process of acquiring a property. I am having an issue obtaining title insurance. This property had several liens on it in the past,all very small amounts here and there. I do under...
Kristin Cofflin
You Can Get 2 FHA Loans in Certain Rare Situations!
Hello all! I currently own a town home that I want to rent out in order to house-hack my next purchase and begin my REI career. My main issue is that my current property is under a FHA loan. So, I emailed my original ...
Joyel Curtis
Applicant with questionable girlfriend
Hello, very new to this!! Finally received an applicant that fits all my criteria, it's been a long process! He has a girlfriend though who has three kids but has no information for me to verify. He has credit, job an...