I'm calling different banks asking what downpayment for investor loan is. Lowest I got is 15% for single door. If I get duplex, triplex or fourplex, then it's 25%. I'm in Texas. Is this standard? Is 15% good? Has anyo...
Hi BP Family!I need you guys' assistance please...so, I've completed my business plan and will be getting my business license in a couple of weeks. I hope to start marketing soon after. I've been going to a few of the...
Hi,I need to upgrade old electrical panel which is 100 Ampere for house rehab project. The house will be rented out for the foreseeable future but maybe in another 20+ years I would move into it. I may also add an ADU...
Hey all - After talking to several people on BP and considering my future in real estate investing I decided to take a leap of faith, and today I'm completing the 60-hour prerequisite course to obtain my real estate l...
The two-day FOMC meeting is starting today, and most estimates predict 75 bps hike to be announced on Wednesday, with a small outside chance that 100 bps happens instead. While most expect this, some are still looking...
Hoping for some tax guidance on cost basis determination. Many thanks in advance.My wife was listed on her's Mom's house deed as joint tenet with right of survivor-ship. Her Mom passed away in Nov '17 and the house wa...
In the process of closing on my first SFR and could use some tips on choosing an insurance policy.
How do you determine when a policy is good for the price? What are some red flags to look out for?How much coverage ...
PLEASE, FOCUS & DO EVERYTHING YOU CAN TO BUY REAL ESTATE BEFORE FALL 2017 and lock in a 30 year interest rate.Housing Prices in the US will be coming down slightly over the next 2 years as interest rates go up.NO...
Hi Everyone, I'm about to obtain a house and flip it. I was wondering what you're tax rate is when you flip houses. From what I read, I could be paying 40-50% in taxes. Do you guys have any strategies you use to save ...