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Good day BP community. I am venturing into a little bit of uncharted territory with a lead that came across my desk today and wanted to ask for the advice and wisdom of others. I've done a few wholesale deals, and som...
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My father purchased a note about a year ago. We just got notice from our servicer that we are out of compliance. I will try and explain the situation.1) It was a land contract that was originated in 20112) There is la...
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Hello BiggerPockets Community,
I'm a new out-of-state Real Estate Investor based in California (I work as a SWE at Google as my W2) and I'm working on brokering a potential deal between friends and a prospective land...
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Consistently throughout the forums mentions of help with GoogleAdWordscan be found. Usually you will get an investor or agent that is killing it with AdWords who shares what works for them in their market, however, if...
Hello, I have foreign clients who own investment real estate in the U.S. They are looking to sell and would be subject to FIRPTA tax. Is there a way to avoid paying this? and is there a way to avoid the withholding re...
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Hello BP, I am starting out in Real Estate and I was wondering for my first purchase into my portfolio should I buy under my own name, or an LLC?I know down the road this would be beneficial for tax purposes, but ...
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I've been lurking around for quite some time and finally at a point to where I can make some major moves in real estate. Aside from capital gains that I have to offset this year, I am also now an W2 employee and fall ...
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Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
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I am currently in dental school in Cleveland with the goal of getting my first deal this summer while on break. I am looking to get a duplex or triplex in the Cleveland area. I was wondering if I should set up a holdi...
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I'm interested in purchasing a multifamily property - specifically, a three-plex or a quad. Is it necessary that the property is fully occupied when I make an offer, or is this more of an added bonus?
I shoul...