So I have a duplex I really want to buy but the purchase price plus construction costs puts my loan above my limit based on my salary. Through FHA, my lender said I can use 75% of anticipated rental income as an incom...
Hey BPers,I'm a wholesaler from Miami, Florida. My partner and I started out as lead managers and have been doing business on our own for almost a year now. I'm having some difficulty finding a motivated acquisitions ...
After wholesaling rental properties and being tired of being a tenant again myself - I would like to be able to qualify for a conventional loan. In speaking with a local tax attorney, I was told that 2013 was the last...
Hi Guys,
Brand new here, with a question:
Can hard money lending be considered a small business, where expenses can be deducted -- just like any other business? I thought this was a given until I started reading ab...
Hi BP, I am finishing up my second deal and my first deal as a serious investor. I purchased the house in cash and paid for the renovations out of pocket. At the direction of my CPA and attorney, I then created a sing...
Hi everyone.. I'm new to educating myself on Real Estate investing but particularly interested in buying my first Multi-Family home here in Houston. I plan to do owner financing with a FHA loan but the properties here...
Hello, this is my first time posting in here and I'm in need of some help.So, I'll be making an exit from the Air Force here in the next few months and I'll be moving to GA to help run a Bed and Breakfast previously o...
I am still learning how to properly vet contractors and manage renovation projects. I have twice now been oversold expectations and even craftsmanship of the subcontractors. The GC honestly had me talking to his admin...
Hey Guys,Looking to buy a quadplex in Los Angeles, and was wondering what the average rate if discount is for an on-site manager. They would be in charge of everything from figuring out maintenance issues to finding ...
I'm wanting to figure out what kind of course or coaching I need to figure out how to scale in 2023. I know how to purchase homes and how to estimate costs of rehab repair. I understand the real estate market. I ...