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Why would a bank or anyone take a second mortgage? If things go bad wont the first lien holder get everything? The only thing I can think of is that the market value of the property hopefully increases past the ...
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Hi BP! Just started learning about real estate investing and getting interested in it through listening to the BP podcast and reading. Still very new but interested in taking the plunge soon, as I'm planning on buying...
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Ive read on The book on Investing in real estate with no and low money down that a 1-4 unit property is considered residential however I have been to 2 local banks and told them I was planning to househack and they ha...
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All, I am just getting started, my plan was Buy and Hold rentals...I am looking for cash flow but I am wondering if that is the best option for me. I have secured about $100k of financing at 0% for 12-24 months. So ...
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I just found out that the home we are buying has a "25-year economic life" and apparently we are still able to get the FHA loan, but now we can't get the loan for the down payment and closing costs. I don't understand...
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We are looking at turnkey rentals for our first investment property. It seems to me that the purchase contract would be sent out and expected to be returned, signed, within 48 hours or the property would be listed ag...
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I am planning to sell my rental property at Adelanto, CA. I have read 2 web sites, one is saying 60-day notice doesn’t have to state the landlord’s reason, and other web saying landlord must gives tenant a written Not...
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Doing some light research on accelerated depreciation of rental R.E.
Does anyone use these techniques? Are they sound from an IRS standpoint. Also, can someone describe the person this technique would work the best f...
Hello BP! Recently I have been looking into the new Freddie Mac CHOICERenovation Loan. Its a newer loan that looks right up my alley for my future investment. Has anyone ever tried this? What are the differences betwe...
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I am starting to rehab properties in Michigan state but live in another state, so I work from a distance. I have already rehabbed one property and it is rented out, but I tried another contractor for this second house...