Hi All. I have a question on the best way to finance 10 units. Do I understand correctly that it does not matter if the owner occupies one or not? Also what is the best financing one can get? Should it be under the ow...
I'm preparing to sell a property in Washington state and the tenant is being super uncooperative. My real estate agent asked for a copy of the lease to see what the tenant agreed to. I requested a copy from my propert...
When is it correct to maximize rental income reported on our SCHEDULE E (Form 1040) for additional mortgage qualifications?For example, an investor already has a few preforming rentals purchased last year. Now that ...
Good afternoon folks,
I’m working on acquiring a STR in IN. I’m going to use a vacation home mortgage to fund it. Is there a minimum amount of time from close until I can start using it as an Airbnb?
Thanks in adv...
Hello BP!This is my first post in the BiggerPockets forums - I searched through the database and didn't find an answer to this question yet, but forgive me if I overlooked it somewhere. I am currently going through my...
I have an inkling that my neighbor across the street is going through the foreclosure process. However it hasn't been listed in the consumer world and I haven't caught them in person to ask.
1.) For future reference...
I'd like to start off by saying sorry if this in question is in the wrong category. My question involves PM vs Turnkey. I understand they both have there pros and cons but what about money? In theory wouldn't it be ch...
Any recommendations for friendly/easy to work with and knowledgeable lenders for a vacation home property in Lincoln Nebraska?
Hello BP!
I'm in the process of closing on a 4-unit with one heating system for all four, controlled by two thermostats. My first thought was ditching the unit and adding 4 mini splits with heat/cool. Anyone have t...
It's necessary that I replace the floor in the basement of my duplex. I'm in the process of breaking out the old concrete and the earth under is wet. I understand that there should be moisture in the dirt but how ...