Question…is it possible for a cash out refi to be completed on a home that was closed under six months ago? I have searched and found the answer to be no. But wasn’t sure if there were lenders out there that would con...

I have a 1972 1500sq ft Mobil home on a 0.4 acre lot. I own both free and clear and am currently collecting $1350/no rent ($1270 after PM fee). My concern is , I have a credit card that has a $30,000 balance with the ...

I am working with an attorney to setup my first LLC. Since this is my first business, I'm trying to figure out how to handle the expenses when the 2019 tax season begins. Since I had to start the LLC with my own perso...

Hello BiggerPockets Community,
I'm Vicky, a real estate investor planning to achieve a specific investment goal, and I'm eager to get your insights and feedback on my strategy. Here's a brief overview:
My Goal
Obje...

OK.  I have excellent credit ( 780 ) and numerous credit cards with a total credit availability around 150k.  Question: how can I effectively use the credit available to me in my real estate investor business?  Cash a...

hello my question is about escrow . I recently purchased a property and closed last week. There is a small mortgage balance. The seller called today and he wanted to get his escrow back. Apparently there is a small ba...

I own a First Mortgage Real Estate Note with a face value of $90K. I paid $72K for the note, which has a balloon payment in 2 years. Does anyone know the tax implications, if any, when I realize the $18K gain from t...

Hi everyone, I am looking to leverage my 401k to purchase my first BRRRR property. Anyone have any suggestions or tips that might help me?

I was told by my broker that if a property has entered pre-foreclosure, it needs lender approval before the owner can sell, is this true?

Yes or No's very welcomed!I am 6 weeks away from advertising a rental unit in a very desirable area. I have placed 'feeler' ads online to see the response, and its been a dozen within 2 weeks.  I have been nickel and ...