Eric S.
Applying to security Deposit to the HUD.
Hello All.I am buying 2 unit investment property. I am reviewing my HUD statement and last 9 months taxes, security deposit for both sides, and prorated rent is in 200 section and is being applied to the loan which I ...
Daniel Vieyra
S-Corp - Salary/Dividend
I have set up an S-Corp and working on my first flip. I plan to keep any profits in the business for the first couple of years until I have some flips under my belt and/or making a good amount of money. So I will not ...
Jude Munalem
New Investor in Canada - Rental Buying Process
I've been talking to a lot of Real Estate Agents and they all seem to not care about the properties I show them. Instead, they want me to buy the more expensive and already renovated properties. Because of that, I am ...
Levi Hui
Will I be considered a dealer by the IRS?
Hi guys, I am new here.
I haven't started investing in real estate yet, but I plan on doing so as soon as I turn 18. I was just wondering would I be marked as a 'dealer' by the IRS if I was to buy distressed propert...
Jack Hines
Introduction.
Hello all, my name is Jack, I'm 60 years old, and currently reside in Crosby Tx. I don't have much experience in R.E. My main goal at this moment is to learn all I can from the many knowledgeable people who frequ...
Armen Zakarian
Using 401K/IRA to Purchase Property
Does anyone have any insight on how 401k and/or an IRA can be used to purchase property? Pros/Cons? Any way to avoiding early withdrawal penalties?
Alice C.
Insurance for vacant property in South Chicago
Hi, Must I have a property management company in placed before I can get insurance for my vacant property? The house needs rehab, I want to buy insurance to avoid vandalism. Property is in South Chicago.Appreciate yo...
Michael Turner
Flipping houses/rental properties
Hello everyone,
I am new to the forum. I am looking to learn more about flipping houses. I am currently active duty military so this is something I can't do full time right now. I'm also interested i...
Lauren C.
Delayed Financing Exception
Hello to all,I'm looking into Fannie Mae delayed financing since I have the cash reserves to purchase and rehab, but it would be my first property, and it's a little confusing as to the mortgage qualification. I see t...
Jonathan Swartz
Tenant Dog Challenge with Neighbors
Looking for some additional perspective from the BP community.We have a tenant who's dogs are creating an issue for the neighbors. Over the past few months, we have received multiple complaints on our tenant's dogs wh...