Hello all thanks for reading, I am working on BRRRR deal that is going to involve cash from my folks. Here's the scenario briefly then ill get to my questions, Original plan, folks are going to contribute purchase pri...
I bought my first home with an FHA loan. It was a modest 157k house, but I only make about 43k a year, plus I have about 26k in student loans and a 14k car loan, so my DTI is pretty tapped (I'm undoing and re-educated...
I went to put an offer on a Fannie Mae REO, and I had to sign a disclosure that I understand that there will be deed restriction that I cannot sell the property for 90 days for more than 120% of the purchase price! :s...
First time landlord and I've got this couple applying that are telling me their 2 dogs are emotional support animals and that they don't need to tell me about them and don't need to pay a pet fee. I found an article s...
Hi, I'm new to BP... still very much in the "gathering information" phase as I learn about real estate business models and investment strategies. I'm active duty military, and any near-term investment strategy I pursu...
I am new to Real Estate investing and I find this site really interesting. I need some advice on Wholesaling. There are a lot of guru's out there that claim there information is the best. So what is the best approach ...
I have a 3-bedroom rental. Is it ok for me to list it as a 2-bedroom with office? Also, can I limit the number of tenants to 2? If it's ok to limit number of tenants, is it discriminatory to not rent to a 2 adult/1...
In a non-community property state, can a husband/wife general partnership (not an LLC) own & insure rental properties in their own names but report them on a partnership tax return? I know if you set up an LLC you...
Getting conflicting information on this subject. Both husband & wife on W2 income w/ one rental property.Does creating a LLC help with a lowered tax rate for the rental income? Very sparse information on this subj...
I co-manage a small, family-owned real estate investment company that has four owners. For operational ease, our operating agreement states that I have the ability to be the sole signer on purchases and sales, among o...