Vincent Park
Investing out-of-state with partner
Hi all,I'm a beginning real estate investor in NYC, and as the price point of properties in my neighborhood seem off the chart, I've tried looking out of state to invest in my first deal with a potential partner. Long...
Gary Wright
Owner Occupy purchase Multi-family with FHA
I have my sights on multi-family props in the San Diego area. When FHA says owner occupied, does that mean one of the units has to be a primary home? Can I use one of the units for a year as a commuter residence (li...
Amanda Duhart
Do I Need Financial Backing for Wholesaling
Hello all,I am new to BP as well as wholesaling. I’ve taken some classes, but am just now ready to get started. I signed up for a program that offered up to 750,000 in financial backing per deal, but of course, there ...
James M Fario
Advice from more experienced members.
Hello everyone! Im going over a few deals this week. Still looking for that first purchase. I recently came across a property thats very interesting.It is a duplex with 1 tenant, who has lived there for 15 years. And ...
Lois S.
Tenant left 2 months into year lease. Do I owe PM new lease fee?
MF property out of town, managed by PM. Tenants, after signing a 1 yr lease, stay 2 months & move out without notice.- PM says Tenants will be liable for 30 days rent. I know CA law says tenant is liable for ren...
Joshua Shtatman
Refinancing Primary Residence for Investment property
Hello all,Apologies if this is wrong category, but maybe not?I currently own a condo, since 2015, that I am considering re-financing and ultimately turning this place into a rental property, by the end of the year. Wh...
Rich C.
Tax implications of purchasing in Roth IRA with a co-signer
I currently have the funds available for downpayment and rehab costs in my roth IRA for a rental duplex (the rental duplex is bank owned and thus has no tenants). However I cannot qualify for a loan being an entre...
Joshua Lee Wegner
Rent back clause in contract.
Hi there BP, I have an agreement that I'm working on that requires some sort of rent back option for the tenant. It's the owners ex wife and she will need the cash from closing to secure a new place. I'm currently usi...
Donovan Keim
crowd funding and investor requirements
Hello everyone,
I'm looking to make the move into getting investors to help me start my commercial real estate business. but I'm wondering what requirements if there are any on the paperwork and income. I'm getting ...
Maria Bal
Allowed deductions on Security Deposit?
HiI have been renting my old house in Miami since I moved away for the past 6 years.My last 3 tenants just left the house.I am extremely upset at the condition of the house:- Extremely dirty house - Was charged $300 ...