I'm looking to buy a cash-flowing duplex for cash from a wholesaler and then refinance out later, basically the BRRR strategy.  If I don't use financing for the initial purchase of the house, can I actually deduct th...

What are some of the consequences if you decide to rent your vacation home as soon as you close the deal. I understand the lender strictly specify you can not rent your vacation home. Will I get in trouble if I rent t...

Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed investment properties a borrower could hav...

Hi all, I've been poking around the forums where there is a ton of great advice but I didn't see an exact answer to my situation. I currently live in Florida where we own a property that would appraise around $800k ($...

I have starting capital and I'm still a bit unclear when I should pay cash to purchase a property or put a mortgage on it so my initial costs are lower.  Is there a rule of thumb?

Hello BP, my father owns a few houses and is looking to purchase another. Recently, I was listening to BP podcast and one of the guest mentioned a blanket loan. Is this a tool that we may be able to use to be able to ...

My offer was accepted, so what should I now be doing moving forward

Hi everyone! Hoping for some guidance on raising funds for acquisitions.I had originally intended to try a form of “crowdfunding” to raise money for the acquisitions - for example, if the property in question costs $5...

I was curious if anyone has completed a conventional mortgage under the "delayed financing" rule that came out last year, and if so, with what bank or lender?

This rule allows you to do a cash out refinance inside 6 ...

We have been looking to purchase a multi family in Massachusetts for the last year but unfortunately (after about 10 offers) have still not been able to secure anything. Considering changing gears and purchasing a sec...