I'm a real estate investor newbie and I want to buy my first investment property soon. I plan on renting my property to veterans and Section 8 tenants. I was told that I can get into trouble if I get an FHA 203K loan....
I've been brainstorming as of late on how to come up with cash for the 20% needed by banks for investing.
I thought the following might be a good ideal, hopefully someone has done this before and can shoot holes in ...
I have 2 rental properties. I have an LLC. My LLC has a business checking account. All of my spending and rental income flow through the LLC business checking account. However, none of the rentals are owned by the...
I really need to get something fundamentally clear here. It seems like most of these posts talk about getting some property "under contract" and then finding a buyer from your buyers list. you then sell it to them in ...
Im planning on making my garage a 1 Bed/ 1Bath. Do I have to get any permit to make it happen? Is not a new construction, rather making it a liveable place, so I could rent it later on to at least cut my mortgage paym...
I'm having trouble finding a definitive answer on this. Assuming I purchase a house with the intent to fix and flip in a 6 month window, do the carrying costs I pay increase my cost basis, such that my taxable profit ...
For the past month, I've been doing a short term rental for my 1 bedroom apartment in a 3 unit building. Now, I'm having trouble deciding if I should rent the other units short term vs long term. The other units are 3...
I'm an aspiring investor who's currently reading "The Book on Investing in Real Estate with No and Low Money Down." I find the chapters dealing with lease option and seller financing strategies to be quite interestin...
Hello BiggerPockets Community. My name is Eric, I'm looking to continue to invest in real estate. I have one rental property I purchased last year using a HELOC to start my investment journey. I think I would like to ...
Hello!This is my first post and would greatly appreciate some help with financing ideas. I currently own two properties, one with two units that are rented at $800 and $500 per month. My second is my home which I resi...