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Hi All,I just was wondering what others though of this idea. My husband and I got approved for an FHA mortgage, it requires 3.5% down. Unfortunately with FHA they also require PMI until we owe less than 80% of the loa...
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Soon I will sell my 1.3M rental propriety and I'm looking to 1031 into a DST. One of the biggest complaints with DSTs is the high cost/fees associated with them. A big part seems to be the broker commission (8-12% fro...
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Over the past year I have had a seasonal job and started buying houses in my own name to fix and rent out while laid off. Next year I will be showing more rental income. What is the best way to structure myself so tha...
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Is there a way for a seller and I to set up a land trust to hold the properties I want to purchase from him and he be able to avoid his capital gain tax?
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Hey BP fam. I brought a duplex in a C- neighborhood almost 1 yr ago. I brought the property for cash. I inherited tenants on both sides. I had to evict the tenant in unit A about an month ago. The process was a good l...
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We have half a dozen rental units (homes & townhomes). We have generally prohibited allowing pets. However, I see many postings saying that it can be a wise strategy to allow them in rentals.
We were recently wei...
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Hi! One of my last posts was asking about syndications/PE opportunities. Unfortunately, I've come across quite a few people who are really upset with how their syndication experience has been. Quite a few people have ...
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I'm not THAT person that posts negative reviews. Generally, I believe that people try their best and mistakes happen, but this property management company has been nothing but a cost to me. I want you to avoid the sam...
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I’m going to let the cat out of the bag early here – you do not have to face seasoning when refinancing. You do not have to wait any period of time to refinance a property. There are plenty of lenders that have ZERO...
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I was hoping someone on BP could provide some guidance for me. I purchased a foreclosure 18 months ago that needed repairs. I did the repairs and am now living in the house. I noticed prices in the neighborhood starti...