Daniel Sabato
Hardest parts of house hacking
For anyone who has used an FHA Loan & The Owner Occupant route to get started with their first property, what were some of the more challenging parts of that process? Whether it be getting approved, finding tenant...
Marky Suazo
memphis deal analysis
Hello fellow BP members!
I'm currently looking at two properties right now and I'd like to get the insight of wiser minds than my own. IDeally, I am looking to implement the BRRRR strategy, or some similar variation....
Christopher Brainard
Tax Treatment for Subject-To Homes
I had a question and was going to post it here before talking to my CPA. We have a house we took subject to the existing financing earlier this year. At the end of this year, I assume the previous owner is going to re...
Shayne Brescia
Fix and flip package for investors
Hello all!
I am working on building a package to present to investors on a fix/flip I am working. I have the comps from my real estate agent, and I have the basic numbers. I am going to look at the place th...
Nikki Wessley
MLO input needed: Creative leveraging for financing rentals
I don't want to flip or wholesale because I can't assume the risk, don't have the time, and frankly I'm just not that smart. Most importantly, my passion is in renting. Yes I want the financial power, but I'm pretty p...
Chad Smith
McFerrin Park Stud
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $307,000
Cash invested: $10,000
We moved here in July of 2018 and I quickly realized we only had a small window unt...
Nick Marissa
How do you finance your Flips? HM or traditional?
Do you secure a property and rehab cost through hard money? Or use a traditional lender and rehab with HM?
Marcus Daniels
Stockpile cash/cashflow rentals
Hello BP,Newbie here..So I noticed that quite a bit of folks hold a stockpile of cash for each rental property that they have to be safe. Say you buy a reasonable priced home that's in fairly good condition low maint...
Jerry Quintiliano
House flipping closing costs
Hey everyone!I would like to start house flipping in the near future. When purchasing the house I am going to flip, are the closing costs as expensive as if I was going to buy the property as a regular residence? Like...
Chris Eidson
Owning vs. renting in light of new tax law
In light of the new tax law, fewer and fewer will be itemizing. Therefore, the traditional tax breaks for the primary residence are a moot point (i.e. property taxes, mortgage interest, etc.).It makes me think that I...