Samuel Ksiazkieicz
80/20 Mortgages...both by same bank? Options?
Hey yall, Ive come upon a few 80/20 loans that were written by the same bank and was wondering if there is any different way of dealing with them. Seems to me they would have to go as a normal short, but I wasnt sure...
Travis Odette
Rental property income investing
Hi all!!I think I know the answer is yes, but I want to get some input.If I profit $10k (or any amount) from rentals and invest all that into the next rental purchase to add to my portfolio, do I pay taxes on that $10...
Dale Carlson
What would you do? Wait? Or use your IRA now?
I have one property with a partner that we paid cash with. It is a modest $300/mo for each of us.NOW - i have an IRA that i would love to use on a couple of duplexes to really get my feet wet individually. but i am ...
Cheryl Mack
Toledo Water Billing Strategies
Hello Fellow Sufferers,I am reaching out to the BP community for feedback on how you handle water billing in Toledo. We are trying out use of Landlord-Tenant Authority Forms and waiting for results. Backstory: We hav...
Sheik H.
Probate stragety...
For those of you who actively pursue probates--- I am wondering if probates are a good way to acquire owner finance deals. I am thinking that quite a large portion of probate deals would have free and clear properties...
Stacey LaBarge
Ranking cities by rent to sales price ratio (aka The 1% rule)
For my own investments, I wanted a list of cities with the highest rent to sales price ratio (aka The 1% rule) as a starting point for research. After some searching, I didn't find what I was looking for, so I made it...
Colleen Ross
Assistance Animals under Fair Housing Act
Hi Bigger Pockets. I have a question regarding assistance animals under the Fair Housing Act. We are advertising our rental property and just received an inquiry from someone with a service animal. Our policy is no...
Account Closed
Hard money holding cost
Hey guys, I got a deal, which would be my first- a foreclosure which has some equity, just needs some tlc. I made an offer with FHA financing because I plan to live in one unit but the offer got denied because the sel...
Michael Noto
What "Treasures" Have You Found While Rehabbing Houses?
Some of you might be following the deal diary thread my business partner @Bill Labrecque and I started for our 2-family flip in Southington, Connecticut here on BP.After closing we noticed that in the 2-car detached...
Mark Ferguson
HUD bid period timelines
I keep seeing posts on the HUD timelines and a lot of people have different ideas of the bid periods.
HUD has the same bid periods in the entire country but they can vary according to property type.
1. FHA insured...