Jay Hinrichs
Suspension of the 7% rule for FAnnie Freddie is HUGE
Read this morning that through intense lobbying by the mortgage industry ( some one got through to someone to talk sense into them)the govmit suspending the 7% rule this should put some downward pressure on Investor ...
Michael Plaks
Are RE investors eligible for PPP grants and EIDL loans?
Below is my unsuccessful attempt to understand SBA rules - an area new to me, so I have an excuse.
PART 1 - FLIPPING and SBA
I was prompted to look into this after one of our clients, a flipper, showed us an interes...
Justin Wilson
Tax Deductions and Depreciation from a Rehab
Hello,This past year, I completed rehabs of two of my rentals. One rehab was strictly cosmetic, the other was cosmetic and a partial chimney rebuild. What are the IRS rules for claiming tax deductions related to reh...
Alfonso Aramburo Zepeda
What is the best deal you've landed In South California
I've been analyzing deals for a couple months and the best I've found is .6% purchase-rent ratio. No one meeting the 1% rule. Someone has had any luck lately?
My strategy is buying a property, touch it up while livin...
Maximilian Benjamin
Gibbs' Rules
One of my favorite shows is NCIS. I wonder how many of his rules can be translated to real estate investing?
Gibbs rule #5: You don't waste good?
Gibbs rule #10 (definitely): Never get personally involved in a ca...
Cory Lucas
Numbers not working?
Hey BP, curious if anyone has thoughts on the BP calculator with regards to the Rental Property analysis vs the 50% rule? I've been using the rental property analysis calculator and when I plug the expense numbers in ...
Medriand Arnold
HELOC Disclosure with lender
Hello BP Family,
I have a question in regards to possibly setting up a HELOC. So I bought a home for 105k, and ARV is looking to be thr 150-160k range. I want to cash in on the equity with getting a HELOC, but the l...
Account Closed
FHA PMI - How to get rid of it
I am looking for advice about getting rid of FHA PMI. My understanding is with the current laws, you have to pay it for the life of the loan. Are there any ways around this rule?
DeAngelo Tatum
Tax deductions for owner performed repairs and upgrades.
What is the correct way to deduct rental property repairs, upgrades and maintenance cost when you preform all of the work yourself, being the owner/landlord?
John H.
House under Deposit questions
I have rehabbed a few single family homes that all sell to first time home buyers. Most times these houses go under deposit and sometimes fall through due to financing.
The latest one, on market for 8 hours and we...