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Hi BP!I have some foreign investors that are looking to invest in some real estate in Washington, would someone be able to provide me some insight as to how they would accomplish this and the tax implication they migh...
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I just signed up for cozy after reading recommendations in the BP forum and having the ceo and coo have input in some of the discussions was nice and made me feel comfortable using them. However as I signed up and di...
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Hi Guys,How do underwriters calculate a HELOC on the DTI calculation during a 10-yr draw period?1) Do they include the actual Interest-Only payment reported on the Credit Report?2) Or do they term out/fully amortize t...
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Have had our current tenant occupying our property for a bit over a year now. For the first year the tenant was utilizing the United Neighborhood Program for 12 Months of Rent (they paid us each month, like clock wor...
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Question: Would it be worth to do Cost Segregation study on a house hack? Here’s my thinking: I want to do 203k loan with 3.5% down, buy a Multifamily in the a good area in NJ that needs work and Cost Seg. Would it be...
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What's the best practice? Do you require the potential tenant to file the application first and show the house after or do you show first?I want to require them to apply first and show only to those I am interested in...
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Hi BP,My wife and I file tax report together and we are thinking to take conventional loans individually w/ the hope go beyond the limit of conventional loans. The questions I have are:- Banks can see all our rental r...
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I currently own and operate an AirBnB, but also manage another that I do NOT own. Does anyone have advice on how I should set up a legal entity, how I should ask the owner to pay me, etc? Considering both operations a...
I was just looking for advice on what to do if I have yet to receive a denial letter for a rental application. It's been 2 months since I'd applied. I've emailed the company numerous times through a 3rd party site whi...