I'm just trying to understand the specific stated reasoning for these institutions prohibition of lending to a corporation.  Logically, I can deduce my own conclusions, just can't find any definitive answers.  Just th...

Hi. We own a duplex in Minnesota and live in the top half. We had to have a skylight in our roof replaced in 2018. The skylight benefits us (the owners) as it is above our living space. But it is a necessary roof repa...

The house i have purchased has: 
1. Electric heater: (240V, 18.75 AMP) system.
2. No Electric Stove Connection.
3. 100 amprage House. 

Can I:
1. leave it as it is and does this satisfy electrical code?
2. Do I...

Curious to know what everyone does in terms of buying homeowners insurance during a flip? Do you typically do it? Only under certain circumstances? Or just skip it altogether?

I want to take a mortgage out after closing with cash, for some partial amount of the houses' worth.I saw there is something called 'cash recapture mortgage' or 'delayed financing'.What are my options here? Is there a...

If you own rental property and also have a full time job, but you do not have an LLC (or any business for that matter), can you still deduct a car lease from your taxes? My girlfriend is a realtor, and when she didn't...

Good day all BP'ers.  In having a discussion with a seasoned RE Investor this past week and picking his brain on the structure of his business I really deduced his success down to three main relationships:#1- He has a...

I'm having a hard time deducing if this deal on this trailer is a good deal or not its going to be my first flip and i've already mapped out a 2000$ six month remodel but they are asking 5,000$ for a 1989 Double wide ...

Hi, I'm 17 years old currently, and I basically live online. 90% of my free time goes to constant research about various topics, mostly between politics and potential endeavors into real estate. I can very easily see ...

Hey guys,I'm doing numbers on some properties and i know that most say to deduct 3% for vacancy. Where do you take that 3% from ? do i deduct the total annual rents? or monthly revenue coming from that specific proper...