Raul Cesar cortes
defaulting on 401k loan
i purchased 2 fourplexes and incurred a ton of losses but project income in future. i was thinking about defaulting on 401k loan due to having enough losses to offset
Will Carter
Multiple self storage properties in same town...same LLC?
I have a self storage property titled in my name. My other general services LLC manages it. It is automated through a website and deposits into my general services LLC (S-corp) which makes a small lease payment to m...
Joel Bechlem
Subletting an apartment that I do not own and still living there.
Thank you in advance everyone. I genuinely appreciate your time here. Here's the situation: I am interested in subletting two out of three rooms in my apartment while continuing to live there. I live in Indiana. My la...
Cel Arrington
Average Cost of Cash Out Refianance
hey BP!
I had a quick question about what my expectation should be around a cash out refi for my investment property. A lender I've worked with in the past for primary residence is quoting me for something like 6.5...
Kelvin K.
Do you escrow your taxes and insurance?
For those of you with buy and hold rentals. Do you escrow your taxes and insurance as part of your monthly mortgage payments?
Or do you keep this money aside, such as in a savings account?
Nick Lamberis
Starting out question about own home house hacking?
Looking to start small and buy a small multi-family unit and go from there. I am currently "house hacking" my home (renter paying essentially my mortgage and association fee). I cover taxes and utilities. I have...
Michael Behr
1st deal thoughts
how’s this for a first deal? I currently have a place SFH. I even thought about renting it. The location I think is growing. There is potential for 2-3 ADUs as it has water and sewer 2x. The house will need sweat eq...
Michael Rossi
Is ANYTHING Worth Fighting For?
I've been wondering lately if the American people would rise up and fight for ANYTHING? My personal opinion is that the American people would give up every single right they have (including their property) and become...
Lonniel Ingram
Is this too creative or will a lender agree?
Hello BP and thanks in advance for any help you can provide.I may have the opportunity to take control of a SFR property in Detroit using a lease agreement. The owner is highly motivated to not deal with the property;...
Chad Prescott
What type of expenses can I expect on a first time rental?
20 years old living in Panama City, Florida. I am trying to get my first rental property. The home cost is going to be around 100,000 and I was going to get a loan and put 20% down. What expenses should I generally ex...