Nicholas Norris
Depreciation on a Rental Property
Hey Guys!So i was using an excel spreadsheet to analyze a property that I may purchase this Fall. However, I noticed there was a cell labeled "depreciation" which always comes out as a loss. I tried to research what t...
Alice Chicken
proof of Funds for REO property
hello:
As the bank makes any changes to pof. I just finished bidding on a REO property by Well Fargo here in VA. The agent told me that the bank wants proof of funds with my name on it?
i used to use my HM lender...
P R.
pulling equity from one rental to purchase another rental
Howdy. Straight to my question - Whats the best way to pull out equity from mortgage free (paid off) investment rental (property 1) and take that money and purchase a 2nd, lower value long-term rental (property 2) ?
...
Adam A.
Inexpensive Modular Builder in Georgia
Hi, we are searching for affordable new construction options in the Metro Atlanta area. Does anyone have any recommendations for a low cost modular or prefab home builders that service Georgia? We're looking to build ...
Michael Furey
Vacation home as a primary residence?
I'm looking to buy a vacation/rental home and trying to figure out how to finance it. Am I able to buy it with an FHA loan to put only 3.5% down if my actual primary residence is in my wife's name? I have no real es...
Chris Ball
lease options
I am considering buying your course. I am interested in lease options. My main concern is the legality of the purchase option agreements. Once I have locked up a property from a property owner by a lease option giving...
Adriel Hsu
Rent to Own Tenant vs Normal Rent Tenant
Hey BP, I need some advice.I had done my first BRRRR deal, and I'm about $5500 out of pocket into the deal, and looking to get rid of the property within 5 years as I am trying to transition into multi-family eventual...
Lisa Penny
Good Idea for us??
HI, new person here. My husband is military and we own a home out here in Virginia, he just ended getting orders somewhere else. So we listed our home, but now we have a only a short time before we MUST leave across...
Mike Wallace
Thinking about selling house on "rent to own"
I have about 44k tied up in this house. Own it out right, remodeled everything. The house is maybe worth 55k on the open market. Would rent for around $900 monthly.How exactly does "rent to own" work? As I understand ...
Noel R.
Anyone have experience with Mike M. ?
Mike M. you are always touting your killer strategy for the Phoenix market and I wonder if anyone has actually worked with you and gone through the process. If anyone has experience working with Mike M. and is willing...