Hello BP,Hope all your investments are doing fantastic.I’m looking for a bit of financial advice.I currently own 3 single family homes under 3 conventional mortgages each. I do not yet have my own primary residence (I...
Hi everyone have read some blog posts but wondering if anyone has came across this subdivision scenario.I have a SFH that is valued around 325k. I have over 50% equity in the home currently. I am in process of subdivi...
Hi! My husband and I have reached our limit on traditional mortgages and of course have a new property we’d like to purchase. I understand the basic concept of seller financing, but would love some resources/advice on...
Hey BP, I've been on this website for a few weeks now but I'm fairly new too real estate investing. I've studied as much as I can before I felt comfortable too pull the trigger. I learned everything from books, google...
Hey.I am considering purchasing a multi-family/building that has between 16-21 units, most articles out here that I’ve read focus on 2-6 units so I couldn’t find a clear answer on this.Before I really start it out, I ...
We are planning to turn our primary residence into an STR at the end of this year and are looking to take advantage of accelerated depreciation if we can meet the REPS requirements. To my knowledge I believe this is p...
Hopefully you can help me undertstand something in regards to the 4 unit rule. Here is my scenario:
1) Primary Home - $300K mortgage
2) Investment Home - $100k mortgage
3) Investment Home - $100k mortgage
4) Investme...
Hi everyone,
My name is Jonathan Hagan and I am new to the BP forum. I have been lurking around the site and listening to the podcast for a few weeks now so I figured now was time for me to jump into the disc...
Hello,
My business partner and I have just set up our LLC and are beginning to source properties for our first purchase under our LLC. We are purchasing our first property(s) by using a funding source from someone w...