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Results (10000)
Trisha S. Self-Employed Borrowers (Rental Property Owners)
23 November 2014 | 4 replies

I add Form 1084 with my presentation packet, (W-2, Proposal for Finance, etcetera) when asking for a loan. The commercial loan officers say they have never seen this included. Due to the addition of this form, they...

Nate Morris Revitalized Historic Community in the Northeast of KC
5 October 2019 | 1 reply

Investment Info:

Large multi-family (5+ units) commercial investment investment in Kansas City.

Purchase price: $755,000

David and Alice Smart's Historic "Additions" is two buildings totaling 28 rooms in...

Eli Comay Is IRS Form 4797 Necessary On Sale of An Investor's Only Rental?
8 October 2019 | 3 replies

I am an investor in a single rental property which I just sold.  I'll file IRS Form 8949 and Schedule D (with unrecaptured depreciation on line 19).  Is Form 4797 also required even though real estate is not my trad...

Carlos Silva when to sale or do a cash out refi?
18 April 2023 | 2 replies

Are there any concrete calculations that can help determine when is the right time to cash out of a low interest rate loan to utilize equity?

Megan McCrea Real Estate Professional
10 January 2018 | 4 replies

Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone wo...

Travis Andres Gap funding for fix & flips?
28 June 2024 | 6 replies

I’ve heard about ‘gap funding’ for fix & flips to cover down/closing/holding costs in addition to the hard money loan for most of the purchase price & rehab, but how realistic is it to secure that type of fund...

Account Closed Reservations about using Hard Money
21 June 2019 | 1 reply

I have a deal that would make a great BRRRR. $60,000 asking price, $90,000 rehab, $200,000 ARV. Cashflow positive $300 a month using the 50% rule financing 75% LTV when done. Obviously I’ll dig deeper into the expense...

Kenya McCormack The most effective method to build a buyers list
22 July 2015 | 9 replies

My spouse and I are ready to start RE wholesaling for a career change.  I previously held a RE license.  I have read so much regarding what should come first. Many say build your buyers list.  Others say, don't worry ...

Patrick Laffey Tenants wants to add 3rd tenant to 1br unit
2 March 2024 | 2 replies

I have two tenants that are pretty good tenants but don’t have a lot of money. The end of the lease is coming in a few months and they keep asking to keep the rent the same price because they can’t afford much higher ...

Andrew Rascoll Fair Return to Investor for Financing House Flip
5 July 2022 | 9 replies

Hi BP Community,I am new to REI and currently have 1 STR.A friend of mine started flipping houses a couple years ago with 2 friends of his through a company they started (which, after speaking with him got me interest...