Cole Meier
Looking to Break into the Central VA Invest Friendly Agent Space
Hi everyone! My name is Cole, and I’m finishing up a degree in Applied Statistics at UVA in Charlottesville, VA. I only have two more Spanish classes left to complete my degree, but since they must be taken consecutiv...
Stanley E.
Qualifying for a loan to my self-directed IRA
Hi BP. I own a SFR through my self-directed retirement account that rents for $600/mnth. I want to pre-qualify for a loan to my self-directed retirement account to get ready and purchase my next SFR. What would be the...
Inam Rehman
Step by Step Details on buying your first property
Hi BiggerPockets,
I have researched articles but did not find detailed steps and things to do while buying a property (SFH, duplex, triplex, quads). Please kindly take some time and make this into very concis...
Mike Roberts
Denying a tenant while the property is still available?
I am currently closing on a SFH that will be a rental in NC. The area is kind of rural, and I don't expect to see a huge number of applicants. Say somebody applies, they have good credit, no criminal history, job, etc...
Karen Rubin
SBA Coronavirus EIDL
I went to the streamlined EIDL and I see it asks for not only EIN but also my ssn, date of birth, bank account number. Is anyone concerned that this system could be hacked and identity be stolen?Also - this is where ...
Mike Hoefling
Depreciating a Rental Property
As I am getting ready to do my taxes this year I started thinking about the depreciation for my rental property. I know the standard is to depreciate the rental property over 27.5 years but since I don't plan on ownin...
Dairon Ruano
Would a seller finance disqualify me from the FHA loan?
Hello! I am new to the forums, but I've been listening to the podcasts for over a year now.My question is, let's say I'm able to obtain a sellers financing on my first property. Would this disqualify me from the FHA 3...
Lolita Ellis
HELOC with Credit Union- What to expect
I applied for a a HELOC with my credit union- the rep has been really "laid back"- that said I finally had the title company send me the docs to review prior to signing but here is what they offered: max amount allowe...
Joseph Skoler
Co-op Mortgage Tax Deduction Limits and Calculation
Could someone please explain the mortgage interest limitations in the case of a NYC Co-Op owner?
For example:
Co-op has 100 units and an outstanding underlying mortgage of $20,000,000 ($200,000 per unit allocated). ...
Adam McAllister
Ran out of capital for renovation-How do I continue?
Long time lurker, first time poster. I bought my first primary SF in June 2020, before finding Biggerpockets. I have been DIY fixing the entire place and want to do a cash out refinance in the first quarter of the new...