Beth Anderson
Is it smart to buy a house hack that we couldn't afford without the rental income?
I looked at a house today that would easily be subdivided into a 2/3 bedroom home and a 1 bedroom apartment. But we could not personally afford the mortgage on this place without a renter. Do I keep investigating or s...
Joseph O'Sullivan
TSP Loans - Current Pros and Cons
Hi All,As I look at my options to finance my first RE deal, I was researching the early withdrawal penalty from TSP (Federal equivalent to 401K) and just learned that I can take out a TSP loan with no penalty, no tax ...
Tim Ivory
Are the Hard Money Lenders You Use Local or National?
I live in Hamblen County TN with a population of 65k. I haven't found any local hard money lenders yet so I'm considering my only option may be to extend my search radius to Knoxville or Nashville (~100 miles away). P...
Vania Castillo
Diary of a Rehab. in Providence
Dear BP community: It is official! Through tax lien investing a 2 family house landed on my lap. Like the old adage says, "When life gives you lemons...Make lemonade" and that is what I'm trying to do here.Here is a ...
Andrew B.
First Purchase - Forclosure REO??? New Jersey
Hello everybody. I am currently researching two properties that I am considering making my first purchase into the world of Real Estate. I am considering renting as a buy and hold, or just flipping it. Anyway, I met a...
Steven Haskins
FSBO wants to get out of realestate market, what do I do?????
Hello Everyone, I have been grinding my wheels for about two months and finally my ship has come in. I met a gentleman who owns property here in St.Louis, he cannot do the management or upkeep his buildings anymore...
Joel Owens
How much do you set for reserves??
On your properties how much do you set aside for repairs??
Wanting to see what everyone does to get an idea.
Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
Account Closed
Have investor pay into LLC or directly company directly?
Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...
Eliot M.
Advice Needed on Flip or BRRRR. House won't sell due to neighbor
Hi everybody. This is a continuation of a thread I started last year about my neighbor screwing up my flip:https://www.biggerpockets.com/forums/67/topics/373...Well my flip is still on the market and I’ve had multitu...