I love this forum and am so grateful it exists! I'm a newbie getting ready to make my first purchase and trying to determine the pros/cons of HML, HELOC or using savings. I'd love to hear everyone's thoughts on this. ...
This IRS topic defines rental income in this way: "Generally, cash or the fair market value of property you receive for the use of real estate or personal property is taxable to you as rental income." The question is ...
Hello BiggerPockets Community!My business partner and I are in the process of buying our first SFR in Kansas City, MO (Possible F&F or BRRRR). We offered $40k, and the seller declined. We were contacted a week lat...
Currently stationed for army in oahu hawaii have a year left before I get out and want to invest in a house is it possible to make 50k in profit within next year when I sell? In trying to buy it and hope to make money...
Hello everyone!I am fairly new to the multifamily investing space and have been intrigued by the syndication structure. Recently, I created my own underwriting model, getting inspiration from various sources, and I am...
Hey BP Lenders!
Looking for an outside-of-the-box solution here:
My situation:
I'm in the process of constructing a solution to the 6 month seasoning period for a 30 year note in by BRRRR process. I purchased t...
I really could use some helpful insight on my situation to move forward on my first deal. Here is my situation.-Have yet to buy my first personal hone-found an 2-unit investment property I’d like to buy-trying to get ...
Hello, I'm mostly writing to confirm my suspicions as the regulations are a little unclear/I'd appreciate a second set of eyes to make sure I'm not completely off-base. I'm looking at the proper treatment of the de mi...
Hey y'all,I am just getting into real estate investing and I want to try out the BRRR method. However when I talked to my agent he told me not to BRRR multi-family properties, only SFR. He cited the kitchen/bathroom r...
Hey all, first post here.I recently acquired a degree in architecture from Philadelphia University. At 23, I am currently working towards my license to be an architect, and I am curious to see how my skills and educat...