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Looking for a Texas based credit union or bank that would service a mortgage in-house. Due to a cost seg on a storage facility last year, showing a loss on paper (six-fig accelerated depreciation), I don't qualify for...
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Hello everyone, I am am relatively new to this and I would greatly appreciate any advice or suggestions anyone has to offer as I am stuck in a rut. Recently I finally got the courage to turn the knowledge I’ve been ac...
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Good Morning, everyone. I have come to understand, that in this business, it's important to make moves based on data and numbers, however, with this post, I am seeking a bit of an educated opinion, I suppose.
As a ...
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Hello BP family!!!
My team and I are in the process of opening a business account. We just purchased our LLC and are looking for a good bank to build a long term relationship with. The two that we are looking at are ...
In the past I have bough close to 20 houses in ms where I then resold most of them with a lease option ageement. I now live in texas where lease options are not supose to be used under most cases. If a buy and then ...
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Just curious, I see a lot of posts about the more "meat and potatoes" of screening. I was curious about alternative methods of screening.
I don't own a rental but I sublease two rooms in the house I rent.
Maybe ...
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I am closing on my first property using FHA, interested in buying a 2nd property.What other financing options can I use?DSCR? What are the pros and cons ?Any other financing options ?
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BP Community I need some help. First off I understand that you are not a tax professional (and even if you are you are not giving me professional advice). I plan to speak with my tax advisor on Monday but I need to cl...
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What would be the downside of taking out $100k from my 401k to invest in rentals using the BRRR method? Many of the books I’ve read discuss how a 401k is a risky investment because you don’t have control of your own m...
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I am looking to make my first investment in commercial real estate. In doing a lot of research here on BP and elsewhere, there is so much information regarding using 401K's and self directed IRAs for real estate down...