How long do I need to wait after purchase to convert my second home into a rental property?I bought a condo in Southern California and now I have to return back home to Northern California as our office is opening bac...
Hey all!
New to the forum and soaking in all the great info on here! With 20 year fixed rates dropping to historic lows today, I wondered if it makes sense to pursue a 20 yr fixed rate cash-out refi instead of a 30 y...
I recently got pre-approved for a conventional bank loan to purchase my 1st REI property . I was limited to the cost amount on a property I can purchase from their assessment from my financial history. However, for my...
Hi BP family! Jim here. This is my first forum post. I just went PRO and am learning to analyze properties. I took a look all over the country and ran into this Mobile Home Park. I used the BP "Buy and Hold" calcu...
I live in Tennessee and have lived in my house for the past year. I’ve fixed it up and am wanting to sell it now. I know that If I lived in it for 2 years I wouldn’t have to pay capital gains tax does anyone know how ...
So I posted a few days ago about a dilemma that my wife and I were in. We inherited her dads house and decided to sell. We decided it because we wanted to cut emotional ties so we could move forward. We have received ...
Hello. My wife and I are about to close on a house and we have been probing the idea of renovating the basement to a single bedroom or studio apartment. We are trying to think of some way to come up with some additi...
I see lots of post online claiming that a good rental property will make around 15% annual rental income. Is this true? What is the highest annual rental income (%) you have achieved so far?
Hello,This subject has been stuck with me lately. I see people are saying you can get 100% financing on real estate deals (No Money Down).Is this really possible? Do hard money lenders really do 100% financing?
I'm looking for a little guidance I bought a duplex with the plan of living in one side and fixing up the other, renting it and moving on to more properties. The plan was that we were going to shed all of our unnecess...