Hello, my name is Lai: I'm a 20 year old motivated to achieve Financial Freedom for me and my family.I've been doing some research and came up with this plan.I will list out all my asset and liabilities that way you c...
Hello BP,
I am new to investing and practicing on running numbers daily. I have a question when buying a property cash are you required to pay the full taxes and insurance for the next year as part of your closing c...
Hello, In my single family rental, rooms are rented separately. There was a water damage in upstairs bathroom with toilet leak. While contractor work on repairs, tenant living in downstairs bedroom will have to move o...
Can anyone recommend a title company in the DC metro area that handles Subject To or Seller Financing transactions? I recently came across Pace Morby's video on the "subject to" real estate deals, and I am interested ...
Hi BP friends,Over a week ago, I listed a 4/3 furnished home in Roseville. So far no one has inquired. I have it listed on FurnishedFinder, AirBnB, Zillow, and a few other places. I can’t have it vacant for long ...
Hello everyone ! I sent in the paperwork to form my LLC. My question is regarding the insurance on the property. What type of insurance are you putting on your (in my case) Two Family -do I need an umbrella policy ? I...
Hi BP folks. 2 Questions around determining value for an additional structure on a piece of property with the home.All of the comps I have are good comps but the seller is valuing his giant garage at 80k. He got that ...
Hello,We try to aim for properties around 80k... I give 20% down and get monthly payments of approximately $350.00 without tax and insurance. I am left with a debt of approximately 60k. However, I am not convince that...
Should I utilize an FHA loan on my first home purchase or use a conventional loan? I would be purchasing with the intent to rent it out after a year of living as the contract will require. Is an FHA a good investment ...
I closed on my first deal back on 10/16/24 so I'm a newbie. This deal was found on MLS and is a new construction 4/3.5 SFH with DADU and I purchased on n FHA owner-occupied loan. I only brought 3.5% down to closing...