Hi,
When our tenants moved out, they gave us a PO Box address to forward the security deposit refund check. We mailed it out but now we received a notification from USPS that it was delivered to their PO Box but th...
Get asked about this a lot so figured I'd share. Every HML will work somewhat differently but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION ...
Hey BP,So I am reading What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli, great book so far. However, I'm really getting hung up on the concept of Discount Rate. In the book he uses 10%...
Hey everyone, my husband and I are looking to buy a multifamily home in the Portland, Oregon metro area (around). We have enough for a down payment and we both have good credit scores, but we don't have work history d...
Hello!My question is if you sell your primary residence before the 2 year mark, can you still have your adjusted basis to avoid paying any taxes since it would be a breakeven or loss including the improvements made. I...
Do most lenders whether it be conventional or hard money not allow you to use HELOC for down payment on investment property? I have asked lima one and quicken and the both said no dice. How can I put this to work fo...
Okay here goes. My house went was nine payments behind a total of $15003.81. I came up with the money that I needed to bring my account current and called the mortgage company to get right with them. I was told that m...
I have two questions that I cannot find definitive answer to. If you have similar structure or a professional and know how it works, please explain.I have a property in Trust. The trust’s beneficiary is an S-corp owne...
Hey BP community. First post on here, we just started renting out a house than renting out the rooms to put a foot in the door of REI. We’re screening potential tenants at the moment, what are common or thorough quest...
I'm trying to zero in on the following:
1. Just a kind of list and brief explanation of the main types of real estate flips you can do without involving much or any of your own money. If somebody would like to just...