Hello Everyone,If my mother is to gift me $50k and I set up a payment plan to repay her, how does that work with taxes? I had never heard of being taxed on a gift (silly me). I was originally going to use the gift a...
Hey all I just received a gift of $70,000. I prefer to live in NYC and house hack a multifamily but its still too expensive. I was thinking of anywhere within 40-50 miles would be next reasonable option. Any suggestio...
For the first four properties that I purchased, the loan officers sent me "initial disclosures" which clearly stated the interest rate expected closing, expected monthly payment etc. I'm currently under contract with ...
Hey BP Fam, I'm currently in process of a cash-out-refi, and getting a loan quote of 1.2M at 7% rate 5yr/30yr amortized.I have a call tomorrow to discuss and or move forward with it. The 7% is high, but is accurate gi...
I'm in the process of selling my home, roughly 2 weeks from closing on the sale, and the buyer's agent received an "anonymous tip" about an issue my realtor was supposed to have disclosed to the buyer (I assume they d...
Has anyone received a loan from Ashwood lending co?
My name is Tony, and I work with the Biggerpockets Featured Agent Program!
We’re looking for a few real estate agents in Spokane to fill a couple openings, so if you’re an agent I’d love to talk with you to see if ...
I am going to be an agent and give it my all . I Passed my state exam and am going to join a brokerage what kind of questions should i ask a potential brokerage I'm going to be a part of? what advise would you give yo...
Hello Everyone,My parents are getting out of the property rental business and want to gift my wife and I a house in Independence, MO. It is a 4 Bedroom, 3 bath house in the 64057 zip code. They built it in the late 90...
@Engelo Rumora very nice and generous of you. Keep up the good work in Toledo and beyond.It's better to give than to receive!!Adam Atassi