Art P.
Mortgage Interest deduction tax treatment on mixed use assets
Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...
Taylor Vallies
House for sale, lis Pendens owner bankruptcy file.
I just got my interest peaked in my crazy online search for and affordable real estate investment but haven't the slightest clue as to if I should even begin to peruse just for informational purposes or actually roll ...
Alona Samson
Complicated complicated short pay off
OK so im gonna lay out the facts:Found a woman who wants me to take her property in a short pay off. Not short sale. My understanding is that the noteholder agrees to a settlement amount and the deed is hers free and ...
Fred Stevenson
cash out refi to raise cash for future opportunities
So I believe there are going to be a lot of opportunities in coming months to purchase assets at hugely discounted prices so cash will be king. So my question is this, I have a number of rental houses that have sign...
Kuriakos Mellos
Newbie help! Leased my first 2 units - reserves & debt questions
It happened..don't really know..but it happened! After several no's, being beat out by cash offers, going in above asking and not getting contracts, going thru HORRIBLE contractors, finally securing a property but rea...
Josh Deel
Can I Use Equity Multiple Times To Invest In Real Estate
So I'm seriously planning to expand my investment portfolio in 2018. I currently have around $450-500k in equity. My question is, if I were to access this equity via an equity line of credit from "lender A" to use to...
Corey Grant
Advice on a "Package Deal" Please
Long story short, I have an opportunity to purchase 10-20 single family rentals. I currently have 4 units, a duplex and 2 single families that we have run for the last 8 years.My questions are along the lines of:1. ...
Matt Speer
FHA 203K - Indianapolis - Does the house have to be distressed?
I want to do a live and flip over the next 1-2 years. I have 3 roommates that are willing to pay me $475/mo in a home that suits their expectations. I've found a property that is $165K in my favorite, most desired nei...
Chris C.
Commercial Property Refinancing
My wife and I spent 3 years looking for the right deal. Through proper planning we were able to close on our first mixed use commercial property. The property is vacant and in need of renovations (all of which is ac...
Marshall Shen
Financing with a large cash reserve
Hi BP community!I'm a first-time Real Estate investor, and I want to ask about the best way to go about financing during this time.I have a large cash reserve saved up, and I'm investigating a multi-family property cu...