Ellie Narie
Is it considered mortgage fraud if you manipulate income?
Let's say there's an unmarried couple with kids. Boyfriend has a business and is considered self employed, but he can't get a mortgage because he doesn't have two years of self employment income. So, he "hires" his gi...
Christopher Middleton
Life Insurance used as a bank account
I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.
Has anyone used Whole Life Insurance as a bank...
Kyle Grimm
WHO ARE YOU? What do you do besides real estate?
Hello BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors. As I grow older and try to figure out the direction of my career, I love ...
Tee Riddle
Unusual Foreclosure Situation
Hi all,This is a long story and not sure if this is the right place to ask about my situation, but here goes.About a year ago my mother passed away. My mother and step-father were both on a fixed income and barely mak...
Richard Warren
Soros sees no bottom for world financial "collapse"
NEW YORK (Reuters) – Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.
The rest of...
Derek Savage
Building Capital While Young: Two jobs or college?
I am a senior in high school and I am wondering if taking a gap year and working 50-60 hours a week to get some starting capital is something to consider. I am wondering if I should do that or try to get through commu...
Yunning Lee
Cost to build a 6 floor 12 units apartment building
Hi Everyone:I am new to this forum. This is literally the first discussion I posted here. We are currently under an agreement of a 4-plex of 1million. We are debating whether it is a good idea to buy this property or ...
Jaime Mack
So... it is going to be over? Will 1031 drop to $500k max? Yuk!
What is the general consensus here? Will we lose 1031 at the higher level? (over $500k)...https://therealdeal.com/2021/0...Realtors, etc. have some pretty fancy lobbyists... but I just don't know. The power of the t...
Christine Oliphant
Question about tax free earnings with SDIRAs
I've been learning about SDIRAs and from what I understand when you use the money in your real estate business, the money you earn will be tax free. So as Amanda Han put it in podcast 49, if a wholesaler puts a $1,...
Norm M.
Making it work - owner occupied multifamily residence in high cost area
Hi everyone,
I only discovered biggerpockets yesterday and I've already learned so much! Wanted to bounce some ideas off of the pros here...
I'm a soon to be high income earner (stable, high demand job) who is look...