Oren K.
Tax Considerations for Canadians
Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...
Aaron Guscott
Credit Cards for Renovations
Hey guys! I'm in Redding CA and just bought a duplex. I'm trying to find a good credit card for about 10k of renovations. To get a higher limit, do I need to start a business or how have people funded minor renovation...
James Kim
2% cap on seller credit for qualifying loans
Hello,thank you in advance for your responses. My question is whether the 2% cap on seller credit applies to credits (rate buy down cost, closing costs etc) only applies when the credit is coming from the seller?Does ...
Account Closed
Question for those who have used a HELOC to invest
I am seriously considering taking a HELOC against my home and using it to start my flipping business, or possibly as a down-payment on an income property (but most likely flipping).
Would love to hear from those who ...
Kyle Gregory
keep open or close
alright i just paid off both of my credit cards.. limits of $5000 and $1000. I am going to be using the $5000 for repairs to my first rental property... My question is should I close the $1000 limit one? Will it impro...
Account Closed
How many banks should you seek loans from?
After years of analysis paralysis I have finally decided to stop thinking of excuses to get started, and finally get started. Today.I talked to 4 banks today for mortgage approval, while in the process of setting up a...
Christopher Mitchell
Pay off Mortgage or buy Rental Property?
Good Morning BP Community!I graduated from college about 6 months ago (debt-free), and have been lurking on the BP forums for quite some time. You guys inspired me to purchase my first townhome! Currently, I am using ...
David Thompson
How Many HELOCs can a couple (or their LLC) have?
Hello everyone,My partner and I are new to investing and are planning out our strategy. We are looking at the BRRR strategy. We are closing on our first investment (cash) in the next few weeks (waiting on the seller...
Stephanie Yi
what should I do after 10+ Financed properties
Hi I would like to know any program still offer mortgages to investors own more than 10 financed properties?t
Balane Frece
Know of a 5% Down Conventional Loan Product?
Hello,
TL;DR Does anyone know of a lender who serves Texas that offers a 5% conventional loan product to financially strong applicants?
I bought my duplex using a 5% down conventional loan called Home Possible in ...