Rob Austin
Is it normal to not receive initial disclosures
For the first four properties that I purchased, the loan officers sent me "initial disclosures" which clearly stated the interest rate expected closing, expected monthly payment etc. I'm currently under contract with ...
Adam Joe Wolf Jr.
Paying yourself back the initial investment for LLC
Hello, I am getting ready to make the jump into Real Estate. In June, I will have X dollars to invest in buying a home. I plan to add a home or two every year for the next 10 years. From what I have read, it is best t...
Bindu Somana
Renting a house bought initially to live in
Hi,
We currently live in a town home that we bought as a house for us to live in. We have lived for over 5 years and are now looking for a change. We are not in a position to sell the house as it is underwater. We wo...
John Truong
Tax reporting - initial financing costs vs refinancing costs
Hello BP members,All the searches show how to report refinancing costs for a rental, but not the initial financing to buy a rental. Are they reported the same way?When I refinance a rental, all (or most?) of the closi...
Michael Pelant
Initial Indicators of a Strong Potential Rehab/Flip
What are some general surface indicators of a strong rehab project? I am talking indicators that could be seen from advertisement pictures or a simple quick walk through of the property. What do you look for in the ne...
Jeffrey Troy Batts
Is this a good deal? High initial cost.
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*This link comes directly from our calculators, based on information input by the member who posted.
Tom V.
Flipping ain't easy: Zillow flailing in initial foray
Interesting stories in May about Zillow going into the home buying business. https://www.geekwire.com/2018/inside-look-zillows-first-home-purchase-real-estate-media-giant-will-buy-sell-houses/21 day close, easy for s...
Ben Kevan
Some times initials aren't helpful in business names
So,
I've been working on coming up with an LLC name. The first choice was to use my first and last initials. I wrote them out and came back with:
BK Properties LLC
Really? BK, come on :(.
Maybe with my middle ini...
David T
Tenants have more kids then on initial application
I rented out a house a few months ago and the tenants put on the application that they had 3 kids. Now there are 5 kids standing out for the school bus. Apparently the husband now has custody of 2 kids of his from a...
Martin Evans
How to raise the initial 20 - 25% deposit
I've been looking into how much of a percentage is initially needed when starting out to get a buy to let property and seeing 20 - 25% got me questioning. How do people raise that amount of money. Of course I realize ...