Ihe O.
Should I Rent from myself
Due to a change of circumstance between closing and evicting a holdover I am currently living in a unit that was purchased as a rental. Am wondering if I should for the sake of keeping the books straight charge myself...
Mary Chen
Can I go into a 1031 and live in it?
Can I convert a 1031 property back into a property I can live immediately after I complete the 1031 transaction?
David Mirza
How is DTI calculated when mortgage is in spouses name?
I own a SFR rental property where I am the only one on the mortgage but title is held Jointly with my wife. My wife would now like to get a mortgage of her own :-). For the purposes of DTI calculations, will the mor...
Marc Zak
LLC Insurance and Taxation
Hello BP community,
I currently own two LTRs (one in MS and one in CA), and will hopefully soon own one STR (CA). All of my properties are currently owned directly by me.
I've been advised to hold each property in ...
Ali Senchenique
Security deposit and rental income question
Question about bank accounts. Do you guys keep security deposit in a separate bank account and if so what kind? CD, money market account or just plain bank account? Also for rent, do you open a different bank account ...
Kevin Hoodwin
Website to Find Private Investors
Good afternoon BP Community,I've been looking everywhere for a website that connects investors with deals. Ideally, somewhere where I could post a deal and other investors from around the country could contact me abo...
Mark Updegraff
Management Company, your input requested on accounting practices
Hi All, I recently formed my Management company to separate the liability from the properties themselves. I just want to throw this by you to make sure I'm doing it right. After all, I don't want to end up having t...
Tom Bud
LLC vs Personal Name
Hey all,I wanted to get everybodys opinion on my situation. I want to take the hardest step in the real estate investor world; BUY MY FIRST PROPERTY.I wanted to ask is there any benefits of completing a flip under an ...
Bryan Crow
Commercial loan with balloon note
I have a few paid for rental homes that are held within a c corp. I would like to expand the portfolio with mortgages but am being told that I would need a commercial loan rather than conventional financing. The comme...
Sean Ploskina
maximum Fannie/Freddie loans now 10?
After speaking with a friend who is a loan officer at Wells Fargo he told me the maximum loans has been raised to 10 loans. Does BP Nation have any info on this? Are their any new restrictions on these?