Hello BP is me again. I just found out that my girlfriend has some “benefits” to buy a home being a teacher. They can give you up to 70,000 down payment with the catch of when you sell the property they will get...
Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...
I will be getting my real estate license in 2 months, and I am currently looking to purchase my first property within 6 months. Are there any benefits from having your realtors license when getting approved for a firs...
I am the owner of 126.39 acres with two (2) homes that I am privately selling. Ten years ago when I built the second home, I subdivided out 5.63 acres from the original 126.39 acres to put with this home. Partly to ...
Do I need a license to be a real estate investor?
I currently have 2 mobile home rental properties, each on their own lot. I've heard that they're are benefits on turning them from personal property into real property; however, I've not found very clear advice on why...
Hello, My husband and I are hoping to purchase our first rental property this year but need some guidance. Here is our situation...When I was in my mid 20’s my parents helped me buy a home (before I was married) so th...
I am looking to implement the BRRR strategy to buy rental properties. I am aware there's a max of 10 real estate loans for an individual. Does this apply to cashout refinances? If so, How do people acquire real estate...
I'm looking to invest in my first property, but don't know where to start. I'm going back and forth between single family and multifamily homes. While the multifamily may cost more, it seems to me to be the better in...
Is it possible to sell your personal home to your LLC, then rent it to yourself? If so, what is the process and is it beneficial?