Ben F.
Can Multiple Investors Pursue One Loan Together?
Hello BP Members,My inquiry is regarding if multiple investors can acquire a loan together? If there are 3-4 people, can financing be pursued for a real estate flip project? How does the financing work; primary owner...
Nic Starr
Fire Your Mortgage Lender?!
Has anyone had a property under contract and through the process you realized your mortgage lender is below average in terms of customer service and responsiveness? I’m a first time investor and I have a property unde...
Erica Nagle
I'm in 2015 tax audit hell
So my 2015 (the year we started rehabbing properties full time) was audited. I made the mistake of not using a CPA and she messed up my tax return huge. Long story short I got a $14k refund. During the first quarter o...
Julie Hill
Nomad, House-Hack, & BRRRR at the same time...
Hey all,Sorry for the long post but this deal is an interesting situation and would love some insight on the best way to pay for the renovation:Our town (Arvada, CO) just made STR legal for up to 3 properties. We lov...
Colton Wiggs
P&I with F.H.A. Brand new at analyzing deals
I keep trying to use the rental calculator with duplex/triplex in Phoenix area while using the F.H.A loan, but the P&I keeps making every deal seem terrible. Is this a deciding factor when buying a rental home wit...
Matthew Hertz
Using House Flipping Profits to get a Loan
Hello, I have just started flipping houses out here in Oregon. I have successfully rehabbed 3 homes, all of which were sold at a profit. To purchase these homes I have been using a partner who is willing to use his cr...
Ravi P.
Blackstone/ Invitations Homes IPO
I just read an article stating: Blackstone's Invitation Homes will be going public. Largest home owner of homes in the US.I am not sure how to read this. Does this indirectly mean the RE market has peaked on a Macro l...
Richard Sessoms
Preparation for my first house Hack.
I’m preparing to purchase my first home hopefully this year. I plan to purchase a single family home in Raleigh, NC, with renting out the other rooms to long time friends. I just want to know what to prepare for upfro...
Stephanie DeBerry
First House hack- Inheriting tenants
Hi everyone,
I'm closing on my first house hack on Monday, Nov 1. First time landlord.
The garage apartment has 2 tenants on a month to month lease- they want to stay. They're paying $650, market rent is $800-900, w...
Navid A.
Mileage deductions in a multi-member LLC
Hey BP,
How do mileage deductions work in a partnership structured as a multi-member LLC? Are the miles I drive only deductible to my share of the rental income or is it deducted from the total income of the LLC fir...