I just bought my first property! It closed 4 days ago. Its a duplex in a local city with good rent, some repairs are needed but nothing really big. Closing was a nightmare! I'm one of those self-employed people. Even ...

Hello BP'ers,

Long time BP stalker, first time poster. A while back I read a forum thread named something like, "I have $40,000 and don't know where to start" that caught my interest because I am in a similar...

I just got out of chapter 13, Made all my payments in full to satisfy the courts. Now I am wanting to purchase our first primary home so we can quit paying rent.  I have gotten so many conflicting answers on whether o...

Hey, I'm just getting into the wholesaling business and I plan on creating a LLC to work my deals under. I have a meeting w/ a real estate attorney tomorrow and was wondering if anybody had any specific questions I s...

Ok, so I have this potential tenant who seems at first glance to have strong financials but he is self employed. He didn’t seem to have anything to hide, but when I asked for proof of income, he showed me a bank state...

I don’t see a clear answer to this on the forums.  I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.”  What does this mean?  How do you make sure that you ...

I am currently trying to learn the basics of real estate investing. For a start, I'm about to read Brandon Turner's "How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started". Up next in my readi...

My apologies, I just learned about Self directed or solo 401K to purchase real estate. Does anyone have experience with these types of 401K’s? Pros/Cons? I appreciate the input. 

Hi there,I am currently self-employed almost 8 mos now which presents some problems in qualifying for a mortgage loan. I have the down payment. I have a property manager who has managed my other home for 5 years now. ...

After researching different retirement accounts, I've decided that a self directed solo 401k plan is a good fit for me. I have self employment income and no w2 employees. When I search for how to start an account, I g...