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Good Afternoon fellow BPers, I am considering using FHA to purchase a Duplex in my area but I have no intentions of living there as I already own a home free and clear. I have the reserves to put down 20% but ideall...
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Hi,I have a friend trying to buy a condo for a personal residence. She is going with conventional financing and the bank needs some paperwork from condo association before they can proceed with the loan, but the condo...
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Scenario:1. Unlicensed broker puts a house under contract.2. Unlicensed brokers fails to close3. Unlicensed broker takes through several people under false pretenses4. Unlicensed broker gets property assigned5. Seller...
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Hello BP community,I’m a newbie to real estate and had a question that has in the past been addressed to some extent. I wanted to see if there are any lenders here that can provide their input.I recently bought a seco...
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Hello all Bigger Pockets Friends, I have a question about a possible fraud/Scam. About 6 months ago my property manager received many calls about my investment property inquiring if the property was still for sale whe...
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I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...
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For those who go the insurance policy route, instead of going with an LLC, what are the true risks? Like what are some common lawsuits that can happen?
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Hi everyone,Anyone have experience with buying a duplex as your primary residence but not actually living there and renting it out? Contrary to living in one side and renting out the other? Legality of it, tax implica...
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I recently watched a video on social media that mentioned the way he was buying properties and yielding the benefit of the sellers low interest rate is having the seller put the property in a trust and then purchasing...
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So a total newbie here, I've done zero deals but am looking to cut my teeth in real estate and looking to make this a career move. I've found a deal, I've run the comps, it all looks great. The deal was on the MLS fun...