Tucker Kincaid
Getting Pre-approved for a Loan
Hello BP,I am planning to house hack in Boone, NC in the next 6 months and am in the process of getting pre-approved for a FHA or 203k FHA loan and a 3.5 percent down payment. My goal is a duplex or triplex. The price...
Spencer Perron
Pros & Cons of adding a studio to an existing 4-plex building
Hi all - I have a 4 unit building in St. Paul, Minnesota. I'm considering renovating part of the basement to add another unit, effectively converting it to a 5 unit building. Wondering if anyone has ever weighed the p...
Tim Hoffman
Taxability of Cares Act Grants
Are Grants for Rent, created by the Cares Act, considered taxable income?My gut is they are taxable to me as a landlord. With that said, here in IL, the State published a FAQ section on applying for the grant and it ...
Zachary Wolz
203K Loan availability
Are banks still offering loans that conform to the FHA 203K criteria? I started looking for financing yesterday and a broker that is known to be resourceful quickly said that with only 3% down she couldn't get me reh...
Owais Hassan
Tiny / Container Houses for AirBnB or VRBO in FL
Hello!
I am from Clearwater FL. I have always wanted to build a tiny or container house to put on AirBnB to generate additional income. I lean towards tiny/container houses because it seems to be a relatively smaller...
Hector Asencio
Banks for investors
Good evening , does anyone have any experience dealing with banks/credit unions located in the states of New York, New Jersey ,Conneticut , Pennsylvania that allow you to transfer ownership from yourself to LLC after ...
Chris Snyder
4 Family under contract 20% down question
I'm under contract for a 4 family does every bank go off of Fannie mae rules and guidelines? I'm only looking to put down 20% but everyone is hitting me at 25%. Anyone know of any banks that will do 20% on 4 family in...
Anthony Freeman
Three replacement properties
Have you ever identified more than three replacement properties in a 1031 tax exchange?
Brandon Phillips
First Investment : Long Distance : Vegas...Thoughts? Experiences?
My market here in Seattle is very expensive, searching for first deal locally as well as abroad. Vegas seems appealing, cheap houses, rent part of house monthly, airbnb near strip. Does anyone have any insight about i...
Abel Guillen
2/1 on Public Record But has additional 2/1 unpermitted
Hello BP!Any pitfalls I should be aware of on a SFR with unpermitted additions to the house? Public record on a property I like is listed as a 2/1 but really has an additional 2/1 that looks to be without permits. An...