Hey BP, I hear a lot of good investors talk about analyzing deals everyday because it'll help them be prepared to spot good deals and jump on them when they see them. My question is how can I habitually practice runni...
Looking for some peoples experience with Condos that were converted to hotels. Lending seems more strict, like more down, higher rates, etc. A lot have managements teams in place, which seems like hotel staff still
How would I get a loan for a new primary residence without income verification? I’m thinking of buying a duplex and living in 1 unit, renting out the other though I’ve quit my job and currently living off of my rental...
Hi everyone, i wanted to put my ignorance out there and see if I can learn some valuable information from you all. I'm looking to form a simple tax strategy based on a very small portfolio, I want to do it right while...
Hi everyone. I'm hoping to get some guidance from tax professionals in the BP community since I'm a bit stuck. I'm working on my 1065 for a two-member LLC. We established the entity and purchased our first property...
So I was wondering how is someone like myself who's sole income is based on 1099 is able to qualify for a loan? Most of my income from the past 5 years come from my Network Marketing/Home Based business which is a dou...
Hello,Gathering some more info here before finalizing my investment strategy and curious if anyone knows if it's possible to use something like the FHA 203K loan, but on a traditional loan instead. I've heard from the...
I’m in the process of acquiring my 4th STR, and for the first time plan to furnish and manage the property. The first three properties were all setup by the PM and I felt sometimes there were unnecessary items at the...
Been thinking heavy about adding a few low income properties (Houses that I can buy for $10,000 or less and buy cash).If I decide to go this route I'll rent them to Section 8 tenants and make minimum repairs (paint an...
Hi BP community!
There is so much knowledge and passion for real estate on this site! We are hoping you may be willing to share your thoughts and experience about our situation.
We plan to rent our current home and ...